Thursday, December 14, 2006

ECONOMICS AND FUNDING

HM Treasury, 2006. Investing in Britain's potential: Building our long-term future, Cm 6984.

The mechanism for allocating science funding in the UK is to move away from peer review to a measure based on research income, postgraduate research student data and bibliometrics. For other disciplines, including mathematics and statistics, funding is going to be based on a "significantly reduced, light-touch peer review process informed by a range of discipline-specific indicators". The new system for science, engineering and technology will be phased in between September 2010 and August 2014.

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