We're already getting a good deal from UKHE (and yes, I know that "I would say that").
In terms of research output, the Research Assessment Exercises (and now the Research Excellence Framework) have directed funding to where it has the greatest effect (with the arguable consequence of narrowing diversity within the sector, though that's for a different discussion). Success rates for grant applications from research councils are less than 20%, though not because 80% of the applications are not worth funding; I've seen proposals with excellent reviews and clear paths to impact rejected because there's insufficient money to fund all of the outstanding research, let alone the merely 'good'.
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zvi and
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Date: 2010-10-13 08:48 pm (UTC)In terms of research output, the Research Assessment Exercises (and now the Research Excellence Framework) have directed funding to where it has the greatest effect (with the arguable consequence of narrowing diversity within the sector, though that's for a different discussion). Success rates for grant applications from research councils are less than 20%, though not because 80% of the applications are not worth funding; I've seen proposals with excellent reviews and clear paths to impact rejected because there's insufficient money to fund all of the outstanding research, let alone the merely 'good'.