6 ms·
Even ignoring the limits of patents, how much of this research "pays off"? Do 1% of research grants go towards something tangibly useful, or is it closer to 0.1
by NoMoreNicksLeft 1y ago
Even ignoring the limits of patents, how much of this research "pays off"? Do 1% of research grants go towards something tangibly useful, or is it closer to 0.1%?
- whatshisface 1y agoIn this climate, close to 100%.
- biophysboy 1y agoThe timeline from preclinical work to a new drug application has a ~5% success rate. A major bottleneck in this is target selection, which research should in principle help with. Giving a number for how much science improves this is iffy, because a lot of research is in fact pointless, with tiny specks of gold. Overall, when comparing money spent vs. its effects (ROI, economic spillover, cost-savings, etc), its definitely worth it.