Scientific research is expensive.
That’s one reason drug companies are more inclined to research cures that will bring in some profits. They don’t have as much incentive to work on cures for diseases that are rare.
As for other types of scientific research, there are so many interesting and worthy projects, but only so much in traditional funding to go around. For instance, the National Institutes of Health funds only 18% of research projects that come its way, compared to 30% in 2003.
That’s why more obscure projects such as studying new ant species in Madagascar might need to seek more unconventional funding.
Enter the Internet and the new trend in crowdfunding.
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