A new funding source for your future research projects enabled by ResearcherStore

Fundamentals of database systems

ResearcherStore. Let’s face the truth and be frank, we all as researchers struggle to secure enough funding from government or industry to carry on the research studies that we intrinsically love to do on a large scale and highly impactful level. We all know that our project proposals are always subject to rejection by review panels of funding agencies for reasons that are sometimes unjustifiable, especially when your research is not inline with their goals or interests. Therefore, your research progress in a certain field is totally dependent on the mercy of your funding agency that can eventually decide whether to fund you or not; thus, you don’t have much flexibility to expand your research group through hiring new students and researchers, nor do you have much freedom to pick to work on whatever research subject you truly believe in… 

So, what is the solution? what else can you do to overcome the above problem?
The solution is simply to create an online store for your research group or lab, where you can offer to sell and license your research digital assets such as ideas, courses, simulations codes, data sets, detailed technical, unpublished reports, event support services for your existing works and studies to the public. There are hundreds, thousands, even millions of people in your research domain around the world who are interesting in learning and getting support from you in exchange for some money they pay you for the services you can provide. 


To illustrate this, let’s give an example; suppose you have a new research paper that you want to publish soon, all you need to do is to just create a digital product on researcherstore.com related to your paper, where you will upload the simulation codes used to generate the results in that paper and put a link in your paper referring to where the codes are available (you can also create a virtual product to offer support service for any customer who buys your codes). Let’s assume the list price of your product is 30$, and 1000 people buy it, then you would be able to earn around 30,000$, which is a great passive amount of money produced by just one paper, where you can use this money to hire new students or researchers, or buy new equipment for your research lab, etc …

Now, imagine you have 10-20 digital products related to 10-20 papers, and you were able to sell each of them to 1000 people on average with 30 $ each for instance (some will even sell more), then you would be able to earn around 300,000 to 600,000 $, which is more than a half-million $ !!! Not only this, your research will gain more interest from other researchers as you will allow them to reproduce your results and works with ease and confidence, thus more inspired papers will be produced and written on top of your research, resulting in increasing your citations, and your impact on the society. On the opposite side, if you are not willing to share your codes, data sets, etc. with your fellow researchers, then people will not be able to easily reproduce your results, nor write more papers on top of your research, resulting in limited impact for your works…


So, why don’t you take action now and create your online store at ResearcherStore, where you can list all your digital research assets there and offer them to people who are hungry for that… What do you have to lose, just give it a try and go now to create your first digital asset/product at https://researcherstore.com …


P.S., The Researcherstore platform is being updated and improved continuously as our developers and engineers are working tirelessly to make the experience of using this ResearcherStore platform as smooth and easy as possible. So, if you have any additional features you want us to add to the platform or you have specific comments you want to share, you can directly inform us by sending an email to [email protected]

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