ISSN: 1948-5964
+44 1300 500008
Mohamad Aljofan
The successful establishment of a vibrant and thriving scientific economy in the Western world has prompted a number of developing countries to invest large amounts of seed capital funding into scientific research as a potential new ”money-spinner”. However, recent and current global financial turmoil has had its toll on some of the investing countries. Akin to most of the other important national sectors, scientific research has suffered significant financial cuts. Indeed, there are rising doubts about the willingness of Western governments to continue to sustain funding due to the financial uncertainties that the world is facing, which raise fears about the feasibility and short term success of such investments.