Abstract : In the 21st century research plays an important role in innovation, technological advancement and socio economic growth. Adequate fund and lack of resources is one of the important issues to which all the scholars, institutions and organization must deal with. Due to which the quality and scope of the research is limited and it leads to delays and reduce the global competitiveness. This chapter explores the main reasons of resource constraints and funding shortages, like dependency on public funding, a lack of industry partnership, bad infrastructure, and a shortage of skilled labor. It points out how these constraints negatively impact the quality and creativity of research. The chapter also suggests some feasible solutions to these problems, including financing sources, increasing industry-academia relationships, applying technology to reduce costs, encouraging public-private partnerships, and developing researcher capabilities.
The chapter highlights that to guarantee inclusive, impactful, and sustainable research in the twenty-first century, a multi-stakeholder, cooperative strategy is necessary.
Keywords : Research funding, Resource constraint, Research sustainability, industry-academia relationships, inclusive, sustainable research, Crowfunding
Cite : Garg, S. (2025). Overcoming Funding Gaps and Resource Constraint (1st ed., pp. 168-173). Noble Science Press. https://noblesciencepress.org/chapter/nspebaardamgp2025ch-15
References :
European Commission. (2021). Horizon Europe: The EU Research and Innovation Framework Programme (2021–2027). Retrieved from https://ec.europa.eu/horizon-europe
National Science Foundation. (2023). NSF Funding Opportunities for Researchers. U.S. National Science Foundation. Retrieved from https://www.nsf.gov/funding
WIPO. (2023). World Intellectual Property Report: Innovation in the Global Economy. World Intellectual Property Organization. Retrieved from https://www.wipo.int