Professors at research-oriented universities often have a dual salary structure, where part of their income comes from the university (hard money) and part from research grants (soft money). While teaching is a significant responsibility, many professors balance their roles by using grant funding to reduce their teaching load, allowing more time for research. This system means professors do not receive additional pay for research; instead, they may use grant funds to buy out teaching responsibilities. Additionally, universities encourage professors to engage in outside consulting or entrepreneurial activities related to their research, which can enhance both their personal income and the institution's reputation. However, there are concerns about potential conflicts of interest, particularly in fields like biotech and social sciences, when corporate sponsorship is involved. Overall, the financial dynamics of academic positions vary significantly based on the institution's policies and the professor's role.