Science Insider reports that a new House of Representatives bill aims to increase the amount of funding from the National Science Foundation budget that is allocated for higher-risk project proposals. According to the bill, "the Director [of NSF] shall establish a policy that requires the Foundation to use at least five percent of its research budget to fund basic, high-risk, high-reward research proposals." Science reports that the key issue at hand will be "striking the right balance between the institutional conservatism of NSF reviewers and program managers and the desire of policymakers to fund the next big thing." The NSF bill was examined yesterday by the research subcommittee of the House Science and Technology Committee, according to Science.
Apr 16, 2010