This is what Carnegie Mellon is already doing - contrary to other university's I've seen/attended, CMU has three classes of professors, instead of two.
1) Tenured Professors - traditional tenure track.
2) Untenured Instructors - traditional instructors.
3) Research Professors - essentially freelance entrepreneurs in the research space under the CMU umbrella. They seek their own funding, hire students, advise, but don't teach.
1) Tenured Professors - traditional tenure track. 2) Untenured Instructors - traditional instructors. 3) Research Professors - essentially freelance entrepreneurs in the research space under the CMU umbrella. They seek their own funding, hire students, advise, but don't teach.