Pros and Cons of Conducting Research Funded by Public Funds
Research funded by public funds – both national and European – is an important pillar of scientific development, innovation, and healthcare systems. It can provide an opportunity to carry out projects that would be difficult to finance with commercial funds. However, conducting such research requires adherence to specific rules, restrictions, and formalities that can impact the planning and execution of the project. Below, we present the main advantages and potential challenges that should be considered when deciding whether to choose this form of funding.
The primary advantages include access to a stable, predictable source of funding and the ability to carry out projects of significant social importance. Public funding allows sponsors and researchers to conduct studies that may not have immediate commercial potential but address important population and health needs. Public funds also enable the establishment of lasting partnerships between academic institutions, clinical centers, non-governmental organizations, and the private sector. In many cases, they also ensure transparency in the research process and the reputational prestige that comes with participating in national or European projects. A key advantage is also the opportunity to develop research infrastructure, train staff, and strengthen the skills of research teams.
However, publicly funded research comes with numerous formal requirements – from detailed financial reporting to compliance monitoring with the project schedule and indicators. Procurement processes often require adherence to public procurement rules, which can extend project timelines and reduce operational flexibility. Typically, there is less opportunity to make changes during the project, and any deviations require additional approvals and justifications. Public research may also encounter slow decision-making processes, which creates the risk of delays. Some programs also have limits on eligible costs, requiring meticulous budget optimization. Another downside is the risk of audits, which, although standard, can burden the team and require high documentation precision.
Despite these challenges, publicly funded projects remain highly valuable – enabling research with a real impact on population health, scientific development, and medical innovation. To maximize benefits and minimize risks, it is advisable to consult with an experienced CRO expert at the application stage for funding. This expert can help prepare a realistic research plan and ensure operational compliance throughout the entire process.
