4 ms·
There is a very, very, very, very, really truly properly real effect of money for research. More money means you can run the same studies/trials on bigger cohor
by pas 7y ago
There is a very, very, very, very, really truly properly real effect of money for research. More money means you can run the same studies/trials on bigger cohorts. This directly leads to better data, which means we can demand stricter hypothesis testing (p-values, narrower confidence intervals).
More money means you can simply hire more technicians to do more lab work. More specialists for data processing, statistics, stats review.
You could compensate referees ... maybe, just a thought. Nah, just let's directly pay more to Elsevier.
More money would mean better and bigger experimental machines.
More money would/could translate into better pay for PhDs, so they wouldn't be incentivized to leave for industry.
And so on.