Research Microfinance

Research microfinance is a practice that developed by the application of microfinance and peer-to-peer lending principles to academic and non-academic scientific research, and was pioneered by Priyan Weerappuli.

It is claimed that the growing popularity of this practice is due, in part, to an increase in the cost of traditional scholarly journal articles and subscriptions - which have increased by over 160% between 1989 and 1997. As a result of this rise, several prominent academic institutions have canceled subscriptions to for-profit journal publication titles. This trend, in addition to benefiting the rise of research microfinance initiatives, has also led to a rise in the popularity and prominence of open-access scholarly journals that offer information comparable to that provided by traditional journals, freely online.

Companies

North America
* The Open Source Science Project
** The Human Brain Project
** The Human World Project
** The Natural World Project

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