Authored by a team of researchers from Norway, the study reveals that a two-stage evaluation process—starting with a short proposal—reduces the time spent by both applicants (by 38%) and reviewers (by 28%). Moreover, this approach improves the reliability and consistency of proposal evaluations, indicating that it can boost efficiency without sacrificing review quality. https://academic.oup.com/rev/advance-article/doi/10.1093/reseval/rvae020/7674904
In this context, it's worth noting the paper "Talent vs Luck: The Role of Randomness in Success and Failure," which argues that to better reward talent and boost success, it's more effective to distribute equal, modest amounts of capital to everyone periodically rather than giving larger sums to a small, already successful group. https://pacheco-torgal.blogspot.com/2021/05/new-study-suggest-that-prestigious.html
PS - On the counterproductive effect of research projects in reducing serendipity in science, it's worth recalling the article published two years ago in Higher Education. Additionally, when considering the most efficient methods for financing scientific endeavors to achieve maximum impact, it’s worth recalling the article published in The Economist's 'The World Ahead 2024' edition." https://19-pacheco-torgal-19.blogspot.com/2023/11/the-economist-world-ahead-2024what-is.html
