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How ‘research impact bonds’ could transform science funding

nature.com · 311 words · saved by 1 readers

Current funding models have high risks and low accountability. Public–private partnerships offer a better way.

WORLD VIEW 26 June 2023 Current funding models have high risks and low accountability. Public–private partnerships offer a better way. By Michael Hill0 Michael Hill Michael Hill is head of grant management at the Swiss National Science Foundation in Bern. As head of grant management at the Swiss National Science Foundation, I have spent a lot of time thinking about how grants are used to fund research, through processes that have changed little since the 1940s. Funders award grants to the most-promising proposals or on the basis of researchers’ or organizations’ past achievements.…

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