How are research studies funded?

Today, researchers are likely to be funded by a mix of grants from various government agencies, institutions, and foundations. Other research is funded by private companies — such as the pharmaceutical company that financed a recent study comparing different drugs administered after heart failure.

Why is funding important?

When a business first starts, profits are going to be low so business funding is needed to allow for the cash flow to meet expenses until profits pick up. When a business outgrows its current location, or there is a demand for new goods or services, expansion becomes an option.

Why is government funding important?

Public funding for private institutions can be a divisive issue, but government funding programs help provide the financial support that makes American innovations possible. Governmental funding supports various aspects of American research and development in the areas of science and health.

How is research and development funded?

esearch and development (R&D) in the United States is funded and performed by a number of sectors—including the federal government, state governments, businesses, academia, and nonprofit organizations—for a variety of purposes.

What is a funding source in an article?

A Funding Statement is included in the metadata of each published article. The Funding Statement includes the funding information declared by the authors. Inaccurate information about funding discovered after publication may require a correction.

What does government funding mean?

Government funding refers to financial assistance received by non government entities in the form of federal, state, or local government grants, loans, loan guarantees, property, cooperative agreements, food commodities, direct appropriations, or other assistance.

Where does government funding come from?

The federal government collects revenue from a variety of sources, including individual income taxes, payroll taxes, corporate income taxes, and excise taxes. It also collects revenue from services like admission to national parks and customs duties.

What industries spend the most on research and development?

The pharmaceutical industry has the most R&D spending as a percentage of revenue globally. According to the data of 2,500 companies in the US, EU, Japan, China, and other countries, the pharmaceutical and biotechnology industry spends 15\% of its revenue in R&D.