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来源类型Working Paper
规范类型报告
DOI10.3386/w26889
来源IDWorking Paper 26889
Scientific Grant Funding
Pierre Azoulay; Danielle Li
发表日期2020-03-30
出版年2020
语种英语
摘要This chapter provides an overview of grant funding as an innovation policy tool aimed at both practitioners and science policy scholars. We first discuss how grants relate to other contractual mechanisms such as patents, prizes, or procurement contracts, and argue that, among these, grants are likely to be the most effective way of supporting early-stage, exploratory science. Next, we provide a brief history of the modern scientific grant and discuss the current state of knowledge regarding several key elements of the design of grant programs: the choice of program scope, the design of peer review, as well as approaches for creating incentives for risk-taking and translation for grant recipients. We argue that, in making these choices, policy-makers might consider adopting a portfolio-based mindset that seeks a diversity of approaches, while accepting that high failure rates for individual projects is in fact part of an effective grant-making program. Finally, increased rigor in the evaluation of grant programs is likely to raise the quality of funded proposals. In particular, randomized controlled trials and other quasi-experimental techniques might enable policy makers to communicate and enhance the impact that these programs have on discovery and innovation, thereby creating a stronger justification for their expansion or continued existence.
主题Health, Education, and Welfare ; Education ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w26889
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/584562
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GB/T 7714
Pierre Azoulay,Danielle Li. Scientific Grant Funding. 2020.
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