RESEARCH MICROFINANCE PLATFORM

 


"By defining 'entrepreneur' in a broader way we can change the character of capitalism radically, and solve many of the unresolved social and economic problems within the scope of the free market."

 

Muhammad Yunus (2006)

 

UNKNOWN

 

RESOURCE SUMMARY

LEARN ABOUT RESEARCH MICROFINANCE


RESEARCHERS

LEARN HOW RESEARCH MICROFINANCE CAN HELP YOU PURSUE YOUR RESEARCH INTERESTS


INVESTORS

LEARN HOW RESEARCH MICROFINANCE CAN EMPOWER YOU TO BECOME AN ACTIVE PARTICIPANT IN CUTTING-EDGE RESEARCH

 

 

A web-based platform designed to provide any individual or community open access, and the opportunity to directly shape, contemporary scientific understanding.

 

RESOURCE OBJECTIVES


EMPOWER NON-RESEARCHERS TO MORE ACTIVELY PARTICIPATE IN THE SCIENTIFIC RESEARCH PROCESS BY PROVIDING AN AVENUE FOR DIRECT FINANCIAL INVESTMENT

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PROVIDE SCIENTIFIC RESEARCHERS WITH A FINANCIAL INCENTIVE FOR ENGAGING IN TRANSPARENT AND COLLABORATIVE RESEARCH PRACTICES

 


There are two imperatives that have led us to develop this research microfinance platform.  In order of importance, these are the growing sense of disconnect between members of the scientific research community, as well as between this community (as a whole) and the remainder of human society; and secondly, the slow pace at which new research is adopted by commercial industry.

 

What this unique platform allows is an unprecedented degree of communication between the research and non-research communities.  Researchers seeking funding for their research projects may, instead of completing countless grant applications or tailoring their research interests to suit those grant announcements periodically posted on departmental bulletin boards; submit their research proposal to be funded by way of microinvestments drawn from the broader online community.

 

In exchange for these microinvestments, researchers will maintain regularly-updated research logs to allow their investors to follow the course of their work on a daily basis, as well as provide a forum for their investors to directly communicate with them via comments and similar forms of user feedback.  In addition, by allowing researchers to maintain research logs, we hope to encourage a greater degree of collaboration between researchers.  If two researchers working on the same project maintain independent research logs, it would allow each researcher to publicly represent their individual contributions to the project, as well demonstrate their ability to constructively collaborate with their peers.

 

In the long run, the maintenance of these logs will allow researchers to produce a body of documentation far more representative of their research skills than a CV simply listing their publications.

 

For those individuals who invest in these research projects, whom we shall refer to herein as investors - or entrepreneurs, this platform provides an unprecedented ability to invest directly in an idea - as opposed to a business or business plan.  In doing so, it seeks to encourage each investor and entrepreneur to explore, and pursue, the potential industrial applications of these ideas.

 

Furthermore, as there is no minimal level of investment required, and as there are no fees (e.g. transaction fees, registration fees) levied upon potential investors, this platform encourages all individuals - irrespective of their circumstances - to directly contribute toward shaping the course of scientific research!

 

 

MICROFINANCE PLATFORM | RESEARCHERS


GETTING STARTED


OPEN YOUR FREE ACCOUNT

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SUBMIT YOUR RESEARCH PROJECT PROPOSAL

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GET FUNDED!

 

 

 
  • SEEK ANSWERS TO YOUR QUESTIONS

    By utilizing our research microfinance platform, you will no longer have to tailor your research questions to suit award announcements posted on your department's bulletin board!

     

  • SPEND YOUR TIME ON RESEARCH, NOT PAPERWORK

    As an alternative to the traditional grant application - which can be lengthy, redundant (especially if you are soliciting multiple funding sources), and time-consuming; our easy-to-use platform allows you to maintain a single online profile which will be published alongside each of your submitted proposals.  This frees you up to devote more time to developing your ideas, and conducting your work.

     

  • BE JUDGED BY YOUR IDEAS, NOT YOUR PUBLICATIONS

    By publishing each research project proposal within a centralized marketplace, we seek to provide all researchers with an equal opportunity to receive investments and to be judged not by the quantity of publications in their portfolio, but by the quality of the proposal which they have submitted.

     

  • EARN ROYALTIES THROUGH DIRECT LICENSING

    By utilizing our microfinance platform, you will communicate directly with investors who may, in time, derive industrial applications for your research.  In doing so, you will potentially reduce the lag time between the publication of your results, and their industrial application, as well as ensure that you will be afforded an opportunity to directly profit from any and all commercial applications of your work.

MICROFINANCE PLATFORM | INVESTORS


GETTING STARTED


OPEN YOUR FREE ACCOUNT

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BROWSE OUR RESEARCH PROPOSAL MARKETPLACE

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INVEST WITH OUR EASY TO USE TOOLS

 

 

 
  • DO MORE THAN DONATE ... INVEST!

    By investing in scientific research projects via our microfinance platform you will not only be contributing directly toward the conductance of a research project, but, as a part-owner of the research you choose to invest in, you will become a part-owner of an idea that - through licensing - may yield a financial return!

     

  • ACTIVELY SEEK ANSWERS TO YOUR QUESTIONS

    By providing direct access to the scientific research community, this platform will allow you to seek out individuals conducting research that addresses questions which effect you, and to invest in their work directly.

     

  • SHAPE THE COURSE OF FUTURE RESEARCH

    By providing this platform for direct investment, you will now be in complete control of which projects you choose to finance, and to what degree you seek to do so.

  • NO OVERHEAD ... JUST SCIENCE.

    Due to the simple structure of our organization, and the broad support we have received from the academic research community; we are able to maintain our online environment without requiring any user fees.  Thus, by investing in research projects via our platform, you can rest assured knowing that no portion of your investment will be allocated toward administrative expenses/overhead.

 

HOW IT WORKS


IT ALL STARTS WITH A QUESTION ...

Each research project cycle begins with a question.  Within The OSSP, a researcher is defined not as an individual who has been formally trained, and received the socially-recognized qualifications to consider themselves as such.  A researcher is defined herein as any individual who, out of their own curiosity about themselves and the world which surrounds them, attempts to satisfy that curiosity through active study.

 

Science is, after all, defined simply as knowledge acquired through study.

 

Once a researcher has decided upon a question they wish to explore, and designed an experiment by which they hope to do so, they then submit this experimental design in the form of a research project proposal.  This proposal, in addition to describing the question they seek to explore, and the design of their project itself, will also include a budget listing the expenses that will be required in order to conduct it.

 

THE RESEARCH CYCLE


 

When these project proposals have been received by The OSSP, they are then submitted for a rigorous peer review - conducted by our faculty, as well as volunteers within the academic research community (primarily college/university professors) who possess some degree of knowledge regarding the field of study the researcher seeks to explore.

 

If a proposal passes this review, it is then published online for our online community of potential investors.  Once published, investors may browse each project, and the profiles of each researcher, and choose which ones to invest in.  Over time, these investments will accumulate, and once they have reached the target budget proposed by the researcher, they will be transferred to allow them to begin their work.

 

In addition to allowing investors an opportunity to contribute directly toward a specific research project, our platform also allows for one significant advantage to investors and researchers alike.  As a researcher begins conducting their proposed project, they will also begin maintaining an online research log (R-LOG) which will allow their investors to follow the course of the study they have contributed from beginning to end!

 

Once a project has been completed, the researcher then submits a final report summarizing the results of their study, providing insight regarding the understanding they have contributed to our collective understanding of the question they explored, and anticipating how this study may contribute toward the course of future research.

 

... AND ENDS WITH A GREATER UNDERSTANDING!

 

 

 

 
 
 
 

 

Website Design and Layout © 2006- Priyan Weerappuli

All Graphic/Textual Content © 2008- The Open Source Science Project, Inc.

Background Image Adapted from Photograph by Simon Veit-Wilson

 

TERMS OF USE | PRIVACY POLICY | CONTENT POLICY | NONDISCRIMINATION POLICY

 


 

 

 

 

 
     

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