Fundraising

DataOnTools #3: Economics of tool development

Like any other research field, bioinformatics and software development are highly depend on funding. By extracting grants and other funding sources from tool publication, we provide a new insight on the economics of tool development.   Funding is a critical aspect of tool development. We ranked the sources of funding agencies associated with a total of 12,761 published tools to assess the top 20 tool-funding agencies worldwide (Figure 1). Nearly half of all published tools were funded by the National Institutes of Health (NIH) or the National Science Foundation (NSF), both US-based agencies.     Countries’ themselves take a critical role in funding research through national grants. Indeed figure 2 shows a high correlation (r=0.81; p<0.0001) between a country’s research …

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