Several challenges can affect the efficient allocation of cancer research funding:
- Limited Resources: The demand for funding often exceeds the available resources, leading to intense competition and potentially worthwhile projects going unfunded. - Biases in Funding Decisions: There is a risk of biases towards certain types of research, such as preference for well-established investigators or institutions, which can limit innovation. - Long-Term vs. Short-Term Goals: Balancing the need for immediate clinical applications with the importance of long-term basic research can be difficult.
