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Four aspects have been highlighted by the World Bank to improve the efficiency of funding, which include 1) macroeconomic status, 2) social and cultural factors, 3) infrastructure and human resources, and 4) institutional and policy environment [ 4].
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Understanding the effect of prior interest (or lack thereof) in rural practice on students' valuation of different job characteristics would enhance efficiency of funds spent on incentive packages.
The professionals care a lot about the financial sustainability of the dividend, but could not care less about the environmental aspects of the business of funding energy efficiency and other sustainable investments.
Most importantly, it states that full and open access to scientific data should be adopted as the international norm associated with publicly funded research, so that expensive and unnecessary duplication of data collection can be avoided and the overall efficiency of publicly funded research can be improved.
Research funding decisions and the efficiency of such funding has attracted much critique [ 2, 3].
These efficiencies, combined with the potential for pooled analyses to examine the feasibility of funding more comprehensive studies, are features that may be attractive to funding bodies.
I mention this not to criticise the research councils, who are doing the best job they can in a difficult funding climate, but simply to show the relative efficiency of allocating funding through QR and the REF. A healthy, vibrant research system needs diverse routes to funding, which is why the UK's dual support system has served us so well over the past thirty years.
This alignment between political priorities and funding flows can ultimately increase the efficiency of RH funding.
As a sharp ax hangs over government budgets in the United Kingdom a new 4-year spending plan from the governing Conservative Party is due out next week a major review today recommended ways to increase the efficiency of science funding.
The goal of MIRA is to increase the efficiency of National Institute of General Medical Sciences NIGMSS) funding by providing investigators with greater stability and flexibility, thereby enhancing scientific productivity and the chances for important breakthroughs.
What this review highlights, however, is a shortage of studies that are conducted to a rigorous scientific standard, and of which results are made publicly available, to generate much needed evidence on health impact, effectiveness and efficiency of external funding.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com