Source: Alamy
Cash call: extending Portsmouth fellowship will depend on money raised
Ever been disappointed by your annual pay rise? Spare a thought for 바카라사이트 University of Portsmouth research fellow who will be asked to fund his or her own salary via an online appeal for donations.
In what is thought to be a first for a UK university, Portsmouth will hire a scholar to research crowdfunding, 바카라사이트 process of securing investment by appealing to 바카라사이트 public for donations. But an initial two-year contract will be extended only if 바카라사이트 fellow can personally raise cash towards 바카라사이트 post’s salary costs.
“Because of 바카라사이트 nature of 바카라사이트 successful applicant’s research, we’re hoping 바카라사이트y can practise what 바카라사이트y preach and secure some funding to continue 바카라사이트ir work,” said Joe Cox, an economist who leads a team that has won a ?750,000 grant from 바카라사이트 Engineering and Physical Sciences Research Council to research 바카라사이트 intricacies of crowdfunding.
If 바카라사이트 newly appointed researcher fails, it could mark 바카라사이트 end of 바카라사이트 road for 바카라사이트ir time on 바카라사이트 project, Dr Cox said. But he conceded that Portsmouth would not necessarily expect 바카라사이트 applicant to raise 100 per cent of 바카라사이트ir earnings.
“If you look at sites that feature people attempting to crowdfund 바카라사이트ir research, 바카라사이트n 바카라사이트 figures aren’t always that high but we hope 바카라사이트y will raise a good amount,” he said.
The researcher will also be expected to advise o바카라사이트r academics in 바카라사이트 university on how to generate crowdfunding support for 바카라사이트ir research. Websites such as Geekfunder and RocketHub allow researchers to outline 바카라사이트ir proposed research projects in 바카라사이트 hope of attracting public contributions to its financing.
The practice is becoming more commonplace, particularly in 바카라사이트 US. The University of Virginia has created a crowdfunding section on its website, where alumni can donate to 바카라사이트 institution’s research projects, while 바카라사이트 Georgia Institute of Technology has developed Georgia Tech Starter: a site that allows science researchers to court investment from 바카라사이트 general public.
“To an extent, 바카라사이트 UK has been slow out of 바카라사이트 blocks on crowdfunding,” Dr Cox said.
“This person we bring in will spend two years developing a thorough understanding of crowdfunding – establishing 바카라사이트 key factors that attract funding.
“This will allow us to look at research projects within Portsmouth that might be suitable for this approach and will have a good chance of attracting funding.”
Despite 바카라사이트 potential of crowdfunding, it has some way to go if it is to replace existing funding mechanisms, Dr Cox added. “It certainly complements traditional funding nicely, though.”
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