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Research Assessment Exercise Results and Research Funding in the United Kingdom: A Comparative Analysis

Author

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  • Monojit Chatterji
  • Paul Seaman

Abstract

A considerable sum of money is allocated to UK universities on the basis of Research Assessment Exercise performance. In this paper we analyse the two main funding models used in the United Kingdom and discuss their strengths and weaknesses. We suggest that the benchmarking used by the two main models have significant weaknesses, and propose an alternative benchmark. It is shown that the different models have quite different implications for the focus of UK research.

Suggested Citation

  • Monojit Chatterji & Paul Seaman, 2006. "Research Assessment Exercise Results and Research Funding in the United Kingdom: A Comparative Analysis," Education Economics, Taylor & Francis Journals, vol. 14(3), pages 259-279.
    • Handle: RePEc:taf:edecon:v:14:y:2006:i:3:p:259-279
    DOI: 10.1080/09645290600777444
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    Cited by:

    1. Manfredi M. A. La Manna, 2008. "Assessing The Assessment Or, The Rae And The Optimal Organization Of University Research," Scottish Journal of Political Economy, Scottish Economic Society, vol. 55(5), pages 637-653, November.
    2. Monojit Chatterji & Paul Seaman, 2007. "Research Assessment Exercise Results and Research Funding in the United Kingdom: A Regional-Territorial Analysis," Education Economics, Taylor & Francis Journals, vol. 15(1), pages 15-30.

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