Analytic approaches for research priority-setting: issues, challenges and the way forward

Research output: Contribution to journalArticle

Abstract

In the last two decades, growing demand for studies assessing health care interventions, coupled with the acknowledgment that limited public funds for research ought to be allocated efficiently, has led to increasing calls for the use of analytic approaches for research prioritisation. Two main approaches have been proposed—‘value of information’ and ‘prospective payback of research’—but none of them is used formally in the prioritisation process. This article discusses possible barriers to the formal adoption and use of analytic approaches. These include uncertainties around the appropriateness of using results of analytic approaches for priority-setting, questions around the validity of the results, and challenges in introducing and using analytic methods as part of the prioritisation process. It is argued that most of these challenges can be overcome, and ways of doing so are discussed. The author’s view on the direction and pace of future developments is provided, followed by recommendations for further research.

Details

Original languageEnglish
Pages (from-to)745-54
Number of pages24
JournalExpert Review of Pharmacoeconomics & Outcomes Research
Volume15
Issue number5
Publication statusPublished - 23 Sep 2015

Keywords

  • research prioritisation, Value of information, payback of research, analytic approaches, Health economics, Economic analysis

ASJC Scopus subject areas