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来源类型Working Paper
规范类型报告
DOI10.3386/w28905
来源IDWorking Paper 28905
Funding Risky Research
Chiara Franzoni; Paula Stephan; Reinhilde Veugelers
发表日期2021-06-14
出版年2021
语种英语
摘要The speed with which Covid-19 vaccines were developed and their high-performance underlines how much society depends on the pace of scientific research and how effective science can be. This is especially the case for vaccines based on the new designer mRNA technology. We draw on this exceptional moment for science to reflect on whether the government funding system is sufficiently supportive of research needed for key breakthroughs, and whether the system of funding encourages sufficient risk-taking to induce scientists to explore transformative research paths. We begin with a discussion of the challenges faced by scientists who did pioneering-research related to mRNA-based drugs in getting support for research. We describe measures developed to distinguish risky from non-risky research and their citation footprint. We review empirical work suggesting that funding is biased against risky research and provide a framework for thinking about why principal investigators, panelists and funding agencies may eschew risky research. We close with a discussion of interventions that government agencies and universities could follow if they wish to avoid a bias against risk.
主题Health, Education, and Welfare ; Education ; Development and Growth ; Innovation and R& ; D ; COVID-19
URLhttps://www.nber.org/papers/w28905
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586579
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GB/T 7714
Chiara Franzoni,Paula Stephan,Reinhilde Veugelers. Funding Risky Research. 2021.
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