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Zac Hill's avatar

I believe the correct response is "Hnnnnnnnnghhhhh" :D

Stefan Leslie's avatar

This is a really useful contribution. I can see two next steps for this: first, poke and prod the nine categories you have to make sure they are comprehensive and well-defined. Maybe some could be combined, or a tenth needs to be added. It would be interesting to run every R&D organization we can collectively think of to see if every one of those fits somewhere, somehow in this taxonomy.

Second (this is where it gets interesting -- and provide insight into what additional models we should be developing): work through the connections between characteristics to see if gaps actually matter. As you point out, a simple presence/absence across ten parameters yields 1,024 types, and since you've got nine parameters that aren't binary there is some unknown but larger than 1,024 types. But that probably doesn't matter. For example, and just to completely make something up, say there is no organization that has zero motivation by user specific needs (parameter 2) but exceptional focus on one mission (parameter 6). Maybe that particular configuration doesn't exclude useful forms of scientific inquiry, but maybe it does. The only way to do that is to trace the connections between each of the nine parameters.

The way this can be done could be based on this approach:

https://www.oecd.org/content/dam/oecd/en/publications/reports/2014/03/oecd-journal-financial-market-trends-volume-2013-issue-2_g1g23271/fmt-v2013-2-en.pdf

Table 2 on pg 111.

That table works through a taxonomy of eight parameters with between two and four positions on the spectrum, drawing connections between all of them, creating a set of models at the bottom. The artwork is a bit clunky, but it's pretty easy to follow what the authors are getting at: they show that there are no systems where the liability structure (their parameter 2) also has an active quantitative investment strategy (their parameter 3). Once these connections, or lack of connections, is made visible, it becomes simpler to identify if it's a relevant gap.

Thanks for pulling all this together. Great stuff.

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