METHOD AND SYSTEM FOR FINANCING RESEARCH AND DEVELOPMENT RELATED ACTIVITY BY THE GENERAL PUBLIC

摘要

A computer-based method for financing an R&D project, including: storing, in a memory element for a computer, computer readable instructions; and executing, using a processor for the computer, the instructions to transmit, for display: a list of R&D projects and estimated funding requirements; a request for funding of an R&D project from the list; and, an offer to provide a portion, proportional to a monetary contribution for the project, of proceeds generated by the project as funding for another R&D project to be selected by a donor providing the monetary contribution. The method receives: the contribution and a selection of the other project from the list. The method determines the proceeds generated by the project, determines the portion of the proceeds, and directs a transfer of funds equal to the portion of the proceeds as funding for the other R&D project.