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According to India's planning commission, the science allocation in the 12th 5-year plan, which covers 2012 to 2017, is nearly three times as large as that in the 11th plan, which covered 2007 to 2012.
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Always an imprecise science, the allocation of shiny statuettes seems ever sillier as the gap between Golden Globe or Oscar nominees and the movie market steadily widens.
In 2015-2016, the science budget allocation was £4,691m, so a headline commitment to "protecting today's £4.7 billion science resource funding in real terms", in an almost zero-inflation environment, means little more than continued flat cash.
Economics has been defined as the science of allocation of scarce resources towards alternative ends.
Barack Obama initially budgeted $2.6bn for climate science – the highest allocation for 20 years – and those funds will probably disappear in the debt crisis negotiations.
It also gives $45 million to the final year of the Genome Canada project, while supporters marshal arguments for a 5-year, $570 million allocation ( Science, 10 March 2000, p. 1732).
Focusing on two aspects of the science system, resource allocation and academic career design, this study explores whether these policies, presumably aiming at high-impact research, actually achieve the goal.
On the second day, Dr N.K. Ganguly, Director-General of ICMR, presented an overview of the progress of biotechnology in India and the need for a revision of ethical guidelines in medical research, emphasizing the need to link science and society, allocation of resources for health, and the disconnect between industrial policy and health policy in India.
Applications are abundant, and vary from equilibrium problems in the engineering and economic sciences, through resource allocation and balancing problems in manufacturing, statistics, military operations research and production and financial economics, to subproblems in algorithms for a variety of more complex optimization models.
Ireland's funding allocation for science, technology, and innovation (STI) is to be cut by 4.4% in 2010.
It helped that he has a Ph.D. in operations research, the science of optimizing the allocation of scarce resources over time and uncertain conditions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com