Youth grants as a management tool for science development: effectiveness analysis

The analysis is conducted of the impact of financial support in the form of grants for youth on the effectiveness of the selection of more able scientists. The influence is evaluated of the scientist financial security on a time he can devote to science, on his performance during the period of grant support and, ultimately, on the quality of the scientists' selection on the basis of their ranking. The requirements for the level of grant support are determined. The impact of the duration of the scientists' support and performance monitoring period on the selection quality is assessed. The desirable time and cost parameters of young scientists grant support are determined.