How to have Fun(d) with Science – EveryONE

May 1, 2015

Many researchers will tell you that financing their work–writing grants, securing funding, and budgeting for varying funding levels year to year–is the least rewarding part of life in academia, but there’s no escaping the simple fact that science costs money. For decades, the majority of taxpayer-funded research dollars in the United States and much of the world has been awarded through relatively large grants from foundations or government-backed agencies. Funders seek to maximize their bang-for-buck, betting on what research will pay the biggest dividends, but both scientists and policymakers are constantly looking for new funding opportunities and reconsidering best practices for grants. This blog post highlights two articles published in PLOS ONE that examine how we pay for science.

The first study concerns a relatively new potential source of funding for research: crowdfunding, or soliciting small-dollar-amount contributions from many people via the internet.

 

Fun(d) with Science – EveryONE.

 

Citations

Byrnes JEK, Ranganathan J, Walker BLE, Faulkes Z (2014) To Crowdfund Research, Scientists Must Build an Audience for Their Work. PLoS ONE 9(12): e110329. doi:10.1371/journal.pone.0110329

Fortin J-M, Currie DJ (2013) Big Science vs. Little Science: How Scientific Impact Scales with Funding. PLoS ONE 8(6): e65263. doi:10.1371/journal.pone.0065263

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