Interesting to note many universities have a policy in place that prohibits self-financing research for reasons such as "Self-funded research can blur the boundary between funder and researcher, and may give rise to concerns regarding appropriate oversight, accountability, and conflict of interest." (From Brown University's Conflict of Interest in Research Policy).
I can see a validity rejecting self-financing on the basis that:
- if you can't find funding for research, then is it worth doing?
- the research theme or topic may have issues around conflicts of interest (e.g. attempting to support certain views that are not scientific, political motivations, etc)
These risks, in my mind are appropriately mitigated for most forms of research areas and that there is no real conflict in one financing their own work. For example, if Bill Gates wanted to fund research on some new undeveloped technology he could hire someone to do this research, or if he was able to, he could do the research himself. I see no issues with either of these scenarios as long as disclosure is clear made in any relevant papers, and there has been an appropriate and independent review process of findings.
Anyone able to elaborate on specific examples that validate of these policies? I feel like getting funding from private sources (like companies) or even public sources from institutions that want to see certain outcomes as more conducive to bad science than one who is willing to say pay for online surveys by themselves because they believe the results are worth investigating.