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Open AccessJournal ArticleDOI

The impact of research grant funding on scientific productivity

TLDR
In this article, the authors estimate the impact of receiving an NIH grant on subsequent publications and citations and show that the loss of a grant simply causes researchers to shift to another source of funding, consistent with a model in which the market for research funding is competitive.
About
This article is published in Journal of Public Economics.The article was published on 2011-10-01 and is currently open access. It has received 414 citations till now. The article focuses on the topics: Receipt.

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Are Incentives for R&D Effective? Evidence from a Regression Discontinuity Approach †

TL;DR: In this paper, the authors evaluate a unique R&D subsidy program implemented in northern Italy and find that small enterprises increased their investments by approximately the amount of the subsidy they received, while larger firms did not.
Journal ArticleDOI

Big names or big ideas: Do peer-review panels select the best science proposals?

TL;DR: It is found that better peer-review scores are consistently associated with better research outcomes and that this relationship persists even when detailed controls for an investigator’s publication history, grant history, institutional affiliations, career stage, and degree types are included.
Journal ArticleDOI

A toolkit of policies to promote innovation

TL;DR: The authors summarized the pros and cons of different policy instruments for promoting innovation and provided a basic "toolkit" describing which policies are most effective, based on their reading of the evidence, concluding that R&D tax credits or direct public funding seem the most productive, but in the longer-run increasing the supply of human capital (e.g., relaxing immigration rules or expanding university STEM admissions) are likely more effective.
Journal ArticleDOI

The double-edged sword of industry collaboration: Evidence from engineering academics in the UK

TL;DR: In this article, the impact of university-industry collaboration on academic research output is studied. But the authors focus on the channels through which the degree of industry collaboration may affect research output.
Journal ArticleDOI

The Causal Effects of an Industrial Policy

TL;DR: In this article, the authors exploit changes in the area-specific eligibility criteria for a major program to support jobs through investment subsidies, and find that areas eligible for business support create significantly more jobs and reduce unemployment.
References
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Journal ArticleDOI

Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations

TL;DR: In this paper, the authors compare the geographic location of patent citations to those of cited patents, as evidence of the extent to which knowledge spillovers are geographically localized, and find that citations to U.S. patents are more likely to come from the U. S., and more likely than coming from the same state and SMSA as cited patents than one would expect based only on the preexisting concentration of related research activity.
Journal ArticleDOI

The Matthew effect in science. The reward and communication systems of science are considered.

TL;DR: The psychosocial conditions and mechanisms underlying the Matthew effect are examined and a correlation between the redundancy function of multiple discoveries and the focalizing function of eminent men of science is found—a function which is reinforced by the great value these men place upon finding basic problems and by their self-assurance.
Posted Content

Real Effects of Academic Research

TL;DR: In this article, the existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research.
Journal ArticleDOI

Identification and estimation of treatment effects with a regression-discontinuity design

TL;DR: In this article, the authors show that identifying conditions invoked in previous applications of regression discontinuity methods are often overly strong and that treatment effects can be nonparametrically identified under an RD design by a weak functional form restriction.
BookDOI

Higher education : handbook of theory and research

John C. Smart
TL;DR: In this article, Nunez et al. present the CECE model, a new theory of success among Racially Diverse College Student Populations (CECE) model, and the Completion Agenda, the Unintended Consequences for Equity in Community Colleges.
Related Papers (5)
Frequently Asked Questions (13)
Q1. What are the contributions in this paper?

In this paper, the authors estimate the impact of receiving an NIH grant on subsequent publications and citations. 

Given the importance of technological innovation for economic growth and the considerable public resources devoted to R & D, further research is clearly warranted. In future work, the authors plan to explore the impact of NIH funding on patents, which may be a more useful measure of societal value. 

While the existence of out-of-order funding, rejected awards, and reapplication makesa sharp RD design infeasible, it is still possible to leverage the nonlinear relationship between normalized priority score and the probability of eventual grant receipt to identify the causal impact of research funding. 

3Because funding decisions are made within institutes (in contrast to research grantproposals, which are evaluated by review groups examining applications from different institutes), the NIH normalizes scores within review groups. 

On average, the sampled articles listed 2.45 sources of funding, with about 30 percent of articles listing at least three different sources of funding. 

In the United States, for example, the National Insittutes of Health (NIH) and the National Science Foundation (NSF) allocate over $30 billion annually for basic and applied research in the sciences. 

The authors also drop 5,089 R01 applications from institute-years in which grants did not appear to be allocated strictly on the basis of the observed priority score cutoff. 

Postdoctoral fellowships have a significantly greater impact on researchers in the social sciences than those in either the biological or physical sciences in terms of publications and citations. 

Since name frequency is unlikely to be correlated with whether an individual is just above or below the funding cutoff (conditional on flexible controls for her priority score), this restriction will not influence the consistency of their estimates. 

There are several ways in which unsuccessful researchers might obtain funding to continue their research: (1) they might obtain funding from another source, such as the NSF, a private foundation or their home institution; (2) they might collaborate with another researcher who was successful at obtaining NIH funding; or (3) they might collaborate with another researcher who was successful at obtaining non-NIH funding. 

Their second approach relies upon the fact that NIH funding is awarded on the basis ofobservable priority scores, and that there is a highly nonlinear relationship between this score and the probability of funding. 

Because of this, the local average treatment effect (LATE) implicitly compares the productivity of applicants who received a grant because of a low application score to that of applicants who were rejected due to a higher score (controlling for a smooth function of the normalized application score). 

One possibility is that NIH funding could displace funding from other public agencies or private entities, either because the researcher is less inclined to apply for such funding if she has already received an NIH award or because other funding agencies correctly perceive the marginal utility of an additional dollar to a funded researcher isless valuable than an additional dollar to an unfunded researcher.