As academics, we are rarely at a shortage of ideas for research topics within our disciplines, but having the money to execute the research of those ideas – that’s a different story.
Research funding generally comes from one of three sources: corporations, government, or charitable organizations. According to an article in Science, referencing data from the National Science Foundation (NSF), federal agencies provided for only 44% of research funding in 2015 representing a significant decline from over 70% less than half a century earlier.