IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0259734.html
   My bibliography  Save this article

“Reverse engineering” research portfolio synergies and tradeoffs from domain expertise in minimum data contexts

Author

Listed:
  • Benjamin Schiek

Abstract

In research portfolio planning contexts, an estimate of research policy and project synergies/tradeoffs (i.e. covariances) is essential to the optimal leveraging of institution resources. The data by which to make such estimates generally do not exist. Research institutions may often draw on domain expertise to fill this gap, but it is not clear how such ad hoc information can be quantified and fed into an optimal resource allocation workflow. Drawing on principal components analysis, I propose a method for “reverse engineering” synergies/tradeoffs from domain expertise at both the policy and project level. I discuss extensions to other problems and detail how the method can be fed into a research portfolio optimization workflow. I also briefly discuss the relevance of the proposed method in the context of the currently toxic relations between research communities and the donors that fund them.

Suggested Citation

  • Benjamin Schiek, 2021. "“Reverse engineering” research portfolio synergies and tradeoffs from domain expertise in minimum data contexts," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-21, November.
    • Handle: RePEc:plo:pone00:0259734
    DOI: 10.1371/journal.pone.0259734
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0259734
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0259734&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0259734?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrew G. Berg & Jonathan D. Ostry, 2017. "Inequality and Unsustainable Growth: Two Sides of the Same Coin?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(4), pages 792-815, November.
    2. John M. Antle, 1999. "The New Economics of Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 993-1010.
    3. Gerald C. Nelson & Gerald E. Shively, 2014. "Modeling climate change and agriculture: an introduction to the special issue," Agricultural Economics, International Association of Agricultural Economists, vol. 45(1), pages 1-2, January.
    4. George W. Norton & Philip G. Pardey & Julian M. Alston, 1992. "Economic Issues in Agricultural Research Priority Setting," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(5), pages 1089-1094.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joseph Stiglitz, 2018. "From manufacturing-led export growth to a twenty-first-century inclusive growth strategy: Explaining the demise of a successful growth model and what to do about it," WIDER Working Paper Series 176, World Institute for Development Economic Research (UNU-WIDER).
    2. Thorvaldur Gylfason, 2019. "Inequality Undermines Democracy and Growth," CESifo Working Paper Series 7486, CESifo.
    3. Isaac K. Ofori, 2021. "Towards Building Shared Prosperity in Sub-Saharan Africa: How Does the Effect of Economic Integration Compare to Social Equity Policies?," Working Papers of the African Governance and Development Institute. 21/045, African Governance and Development Institute..
    4. Mr. Alexei P Kireyev, 2013. "Inclusive Growth and Inequality in Senegal," IMF Working Papers 2013/215, International Monetary Fund.
    5. Mark Edem Kunawotor & Charles Barnor & Raymond Dziwornu, 2021. "The Income Redistributive Effects of Taxes in Africa," Economics Bulletin, AccessEcon, vol. 41(3), pages 1579-1591.
    6. Jayatilleke S. Bandara & Yiyong Cai, 2014. "The impact of climate change on food crop productivity, food prices and food security in South Asia," Economic Analysis and Policy, Elsevier, vol. 44(4), pages 451-465.
    7. Rodríguez, Elsa Mirta M. & Lacaze, María Victoria & Lupín, Beatriz, 2007. "Willingness to pay for organic food in Argentina: evidence from a consumer survey," Nülan. Deposited Documents 1300, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    8. Rodríguez, Elsa Mirta M., 2006. "La visión de los economistas agrarios frente al consumo de productos diferenciados," Nülan. Deposited Documents 1264, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    9. repec:spo:wpmain:info:hdl:2441/50jd34uldo9jioklc7b0dpu4ej is not listed on IDEAS
    10. Eckhard Hein & Daniel Detzer, 2015. "Finance-Dominated Capitalism and Income Distribution: A Kaleckian Perspective on the Case of Germany," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 1(2), pages 171-191, July.
    11. Ciarli, Tommaso & Ràfols, Ismael, 2019. "The relation between research priorities and societal demands: The case of rice," Research Policy, Elsevier, vol. 48(4), pages 949-967.
    12. Scheierling, Susanne M. & Treguer, David O. & Booker, James F. & Decker, Elisabeth, 2014. "How to assess agricultural water productivity ? looking for water in the agricultural productivity and efficiency literature," Policy Research Working Paper Series 6982, The World Bank.
    13. Mark D. Partridge & Amanda L. Weinstein, 2013. "Rising Inequality in an Era of Austerity: The Case of the US," European Planning Studies, Taylor & Francis Journals, vol. 21(3), pages 388-410, March.
    14. Berg, Andrew & Ostry, Jonathan D. & Zettelmeyer, Jeromin, 2012. "What makes growth sustained?," Journal of Development Economics, Elsevier, vol. 98(2), pages 149-166.
    15. Sebastian Doerr & Thomas Drechsel & Donggyu Lee, 2022. "Income Inequality and Job Creation," Staff Reports 1021, Federal Reserve Bank of New York.
    16. Sebastian Doerr & Thomas Drechsel & Donggyu Lee, 2021. "Income inequality, financial intermediation, and small firms," BIS Working Papers 944, Bank for International Settlements.
    17. Suwan Lu & Guobin Fang & Mingtao Zhao, 2023. "Towards Inclusive Growth: Perspective of Regional Spatial Correlation Network in China," Sustainability, MDPI, vol. 15(7), pages 1-19, March.
    18. Chalise, Sudarshan & Naranpanawa, Athula & Bandara, Jayatilleke S. & Sarker, Tapan, 2017. "A general equilibrium assessment of climate change–induced loss of agricultural productivity in Nepal," Economic Modelling, Elsevier, vol. 62(C), pages 43-50.
    19. Onyango, Benjamin M. & Govindasamy, Ramu & Nayga, Rodolfo M., Jr., 2004. "Measuring U.S. Consumer Preferences For Genetically Modified Foods Using Choice Modeling Experiments: The Role Of Price, Product Benefits And Technology," Research Reports 18181, Rutgers University, Food Policy Institute.
    20. Sudip Ranjan Basu, 2017. "Do data show divergence? Revisiting global income inequality trends," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 24(1), pages 23-53, June.
    21. Djeneba Doumbia, 2019. "The quest for pro-poor and inclusive growth: the role of governance," Applied Economics, Taylor & Francis Journals, vol. 51(16), pages 1762-1783, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0259734. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.