Does it pay to do novel science? The selectivity patterns in science funding.
SITE (Science, Innovation, Technology, and Entrepreneurship)
|Speaker:||Charles Ayoubi, Ecole Polytechnique Fédérale de Lausanne (EPFL)|
|Date: ||Wednesday 15 January 2020|
|Location: ||Streatham Court B|
Public funding of science aims to provide the necessary investment for the radical scientific
discoveries of tomorrow. This paper brings evidence that the funding process is not always
awarding the most novel scientists. Exploiting rich data on all applications to a leading Swiss
research funding program, we find that novel scientists have a higher probability of applying for
funds than non-novel scientists, but they get on average lower ratings by grant evaluators and
have lower chances of being funded.