“Our research system is a perplexing paradox. Each year, approximately $1 trillion of public funds are spent on research worldwide. Whole careers are spent making incremental improvements to research methods. Hundreds of millions of dollars are spent on a single clinical trial. And yet, the global system for sharing research results is a costly mess. Rooted in antiquated journal structures and marred by market failures, our research systems prioritise profit at the expense of accessibility, equity, and affordability, hindering our ability to fully reap the benefits of research.”
Full report from Center for Global Development