The word “budget” is also much too associated with negative meanings for startups, entrepreneurs, or innovative discoveries. It doesn’t take much experience to know that these exploratory ventures usually entail a large deal of “waste” from the necessary trial and error required to succeed. This strategy, however, tends to be a nightmare for accounting or financial administrators whose job is to create balanced books and sustainable practices for the business/institutes.
More than 50% of students drop out of STEM programs due to the intense ranking systems. Academic careers are marred by this effect and increasingly hold people in this mindset to feel inadequate until they’ve proven themselves. Most often this train of thought can extend well into their future career.