| 08 Janvier 2014
“Peer review of scientific proposals and grants has served science very  well for decades. However, there is a strong sense in the scientific  community that things could be improved,” said Johan Bollen, professor  and lead author of the study from the School of Informatics and  Computing at Indiana University. “Our most productive researchers invest  an increasing amount of time, energy, and effort into writing and  reviewing research proposals, most of which do not get funded. That time  could be spent performing the proposed research in the first place.” He  added: “Our proposal does not just save time and money but also  encourages innovation.” The new approach is possible due to recent advances in mathematics and   computer technologies. The system involves giving all scientists an  annual, unconditional fixed amount of funding to conduct their research.  All funded scientists are, however, obliged to donate a fixed  percentage of all of the funding that they previously received to other  researchers. As a result, the funding circulates through the community,  converging on researchers that are expected to make the best use of it.  “Our alternative funding system is inspired by the mathematical models  used to search the internet for relevant information,” said Bollen. “The  decentralized funding model uses the wisdom of the entire scientific  community to determine a fair distribution of funding.” The authors believe that this system can lead to sophisticated behavior  at a global level. It would certainly liberate researchers from the  time-consuming process of submitting and reviewing project proposals,  but could also reduce the uncertainty associated with funding cycles,  give researchers much greater flexibility, and allow the community to  fund risky but high-reward projects that existing funding systems may  overlook. “You could think of it as a Google-inspired crowd-funding system that  encourages all researchers to make autonomous, individual funding  decisions towards people, not projects or proposals,” said Bollen. “All  you need is a centralized web site where researchers could log-in, enter  the names of the scientists they chose to donate to, and specify how  much they each should receive.” The authors emphasize that the system would require oversight to  prevent misuse, such as conflicts of interests and collusion. Funding  agencies may need to confidentially monitor the flow of funding and may  even play a role in directing it. For example they can provide  incentives to donate to specific large-scale research challenges that  are deemed priorities but which the scientific community can overlook. “The savings of financial and human resources could be used to identify  new targets of funding, to support the translation of scientific  results into products and jobs, and to help communicate advances in  science and technology,” added Bollen. “This funding system may even  have the side-effect of changing publication practices for the better:  researchers will want to clearly communicate their vision and research  goals to as wide an audience as possible.” Awards from the National Science Foundation, the Andrew W. Mellon  Foundation and the National Institutes of Health supported the work.
HEIDELBERG, 8 January 2014 – Researchers in the United States have suggested an alternative way to   allocate science funding. The method, which is described in EMBO reports,   depends on a collective distribution of funding by the scientific   community, requires only a fraction of the costs associated with the   traditional peer review of grant proposals and, according to the   authors, may yield comparable or even better results.