A Pipeline for Analysing Grant Applications
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Data mining techniques can transform massive amounts of unstructured data into quantitative data that quickly reveal insights, trends, and patterns behind the original data. In this paper, a data mining model is applied to analyse the 2019 grant applications submitted to an Australian Government research funding agency to investigate whether grant schemes successfully identifies innovative project proposals, as intended. The grant applications are peer-reviewed research proposals that include specific “innovation and creativity” (IC) scores assigned by reviewers. In addition to predicting the IC score for each research proposal, we are particularly interested in understanding the vocabulary of innovative proposals. In order to solve this problem, various data mining models and feature encoding algorithms are studied and explored. As a result, we propose a model with the best performance, a Random Forest (RF) classifier over documents encoded with features denoting the presence or absence of unigrams. In specific, the unigram terms are encoded by a modified Term Frequency - Inverse Document Frequency (TF-IDF) algorithm, which only implements the IDF part of TF-IDF. Besides the proposed model, this paper also presents a rigorous experimental pipeline for analysing grant applications, and the experimental results prove its feasibility.
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