Top 5 Ways of educational institutes fund research study

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How educational institutes fund research study
in Top 5 Ways
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Introduction

• It is a big responsibility on the shoulder of an
  institute to promote research and appoint highly
  skilled faculty personnel to accomplish that
  goal.
• The primary difference between research and
  practice is the seriousness of an organization to
  undertake research study and let skilled
  individuals move forward in that direction.
• According to a recent survey, around 80 of the
  educational firms do promote research study in
  one way or other in the US and other Scandinavian
  countries.
• It is an onus for an academic organization to
  identify the appropriate topics and motivate
  researchers to pursue further.

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Practical Evidence

• The easiest way to promote research is by
  assisting the researcher with necessary fees and
  traveling allowance.
• It will help him do his task better citing
  practical evidence during the research.
• The latest educational statistics have claimed
  that around 81 of colleges in the developed
  countries promote research study.
• On the other hand, in the developing countries,
  the figure comes around 5-10 only.

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Research in Politics

• Unbelievably, the high-quality educational
  research often finds its place in politics.
• Many political leaders cite educational
  researches during their speeches and live
  promotional campaigns.
• In some cases, politicians do fund and sponsor
  research studies and programs as well. In that
  case, the institute has to invest nothing towards
  it.

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Research and CSR

• Often, academic organizations conduct research
  with a noble aim of helping the government with
  some crucial statistics regarding development or
  fulfillment of poor.
• In such a case, the educational firm fully funds
  a CSR project with an aim to extract some vital
  statistics regarding the welfare of the people.
• Usually, postdoctoral students in the relevant
  socio-political stream conduct such
  research-oriented studies.

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Public-Private Partnership

• Out of the total educational institutes in
  Europe, a survey claimed that 80 of these are
  government or state-owned.
• In such cases, the government funds most of the
  research studies.
• In addition, private individuals may also fund
  and encourage research studies for the promotion
  of research culture in their countries.
• Such things are quite common in developed
  countries of the west. However, in the developing
  countries, research culture is literally a big
  zero there.
• No doubt, its high time for these nations to
  undertake and promote research studies in their
  countries regarding various matters.

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Individual Discretion

• In some rare cases, institutes may simply ask a
  candidate to undertake research study without the
  institutes involvement in it.
• It usually happens in case the institute is
  sustaining loses for quite some time, and the
  person undertaking research studies is well
  capable to fund the entire course of a research
  study on a self-funded formula.

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