Does massive funding support of researchers work? Evaluating the impact of the South African research chair funding initiative

J. W. Fedderke, M. Goldschmidt

Research output: Contribution to journalArticle

21 Scopus citations

Abstract

In this study we evaluate whether a substantial increase in public funding to researchers is associated with a material difference in their productivity. We compare performance measures of researchers who were granted substantial funding against researchers with similar scholarly standing who did not receive such funding. We find that substantial funding is associated with raised researcher performance - though the increase is moderate, is strongly conditional on the quality of the researcher who receives the funding, and is greater in some disciplines than others. Moreover the cost per additional unit of output is such as to raise questions about the usefulness of the funding model. The implication is that public research funding will be more effective in raising research output where selectivity of recipients of funding is strongly conditional on the established track record of researchers.

Original languageEnglish (US)
Pages (from-to)467-482
Number of pages16
JournalResearch Policy
Volume44
Issue number2
DOIs
StatePublished - Mar 1 2015

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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