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That reversal was taken despite "significant" investment resources and dozens of staff being allocated to develop the concept and whitepaper over a number of months.
And R&D funds are being allocated to develop newer, cheaper designs for accessing deeper water.
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Ruusalepp [ 9] reports that 'a significant portion of data sharing infrastructure funding is being allocated to developing technical solutions for data federation from different repositories in one research domain and across domains'.
The Gurgaon-based company has raised over $110 million to date — including a recent $60 million round — largely to fuel an acquisition-led international expansion, and $50 million has been allocated to develop its food delivery business in India.
Over $130 million have been allocated to develop a database to genetically profile over 1 million individuals; the effect of this will directly flow through manufacturers and service provider companies, like 23andMe.
Despite multiple delays, criticism and turnover in project leadership, $22 billion Hong Kong dollars have been allocated to develop a 40-hectare area devoted to the arts, including a new museum called M+, which is being led by Lars Nittve, founding director of the Tate Modern in London.
This idea was later confirmed in New Brunswick's record-breaking $809 million budget for the 2003 04 fiscal year, where $100,000 was allocated to "develop the educational specifications" of the complex.
In their ideal types, resources are allocated to develop evidence-based interventions and policy instruments and one would assume that, steeped in a validated body of knowledge, the policy will achieve its stated outcomes.
Nonetheless, the report points out that the top 200 oil, gas and mining companies continue to allocate vast amounts in finding more reserves, and that more than $6tn will be allocated to developing fossil fuels over the next decade.
All investments foreseen are to be allocated to developing resources within and contiguous to blocks with existing discoveries, not toward new exploration efforts (TB Petroleum 2016).
This wider participation can only happen in an effective and genuine manner if resources are allocated to developing local capacity.
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