|Production of research point(s)|
The Academy is a sublime place full of knowledge which combines old traditions with modern technology. The wisest heads of your town await entrance! Consider that every scientist needs his own laboratory which costs money. The larger the academy the more scientists you can employ at the same time.
The Academy is one of the most important buildings in a town. It is the place of learning for your capital or colonies. Each scientist produces1 research point per hour, but also costs 9 in upkeep (-3 for the loss of each and -6 for the cost of each ). This value will be taken out of your income, instead of adding to your upkeep.
Throughout your colonies, all your academies pool all their research points together; you can then use these points to "buy" a technology via your research adviser. Having more academies means that it will take less time to research any technology. Therefore it is a good idea to build an Academy in each colony.
Level 1 does not follow this formula, as its build time was shortened when it was added to the in-game tutorial.