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Inside Higher Ed2 min read

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Rethink Science Funding Playbook for Public Good

A new perspective published on July 15, 2026, advocates for a reimagined approach to science funding, drawing parallels with the startup ecosystem to ensure science's sustainability as a public good. The authors, Rinad S. Beidas, Thekla Ross, Pete Kadens, and Judith T. Moskowitz, argue that current funding models often fall short in supporting long-term, impactful research, particularly in areas that may not yield immediate commercial returns.

The proposed "new science funding playbook" suggests incorporating principles like agile development, diverse funding streams, and a focus on impact measurement, similar to how successful startups operate. This would involve moving beyond traditional grant structures to explore venture philanthropy, impact investing, and public-private partnerships. The goal is to create a more resilient and adaptable funding landscape that can support foundational research and address complex societal challenges.

By borrowing from the startup world, researchers and institutions can potentially foster greater innovation and ensure that scientific advancements benefit society broadly. This includes encouraging risk-taking, supporting interdisciplinary collaboration, and building robust mechanisms for knowledge dissemination and application. The authors emphasize that this shift is crucial for maintaining scientific progress and its role in public welfare.

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