Abstract
As the saying goes, those who pay the piper call the tune. In most countries where research is publicly funded there are national systems for assessing research outputs. Governments, research councils, charitable bodies and other investors all want value for money. Accordingly, the UK is currently undergoing a research assessment exercise (RAE) in a process which will be familiar to researchers in many countries worldwide. Since 1986, the four UK higher education funding bodies have sponsored successive RAEs, the outcomes of which have been used to inform funding allocations and to provide benchmarking for research quality. The current RAE will report its findings towards the end of 2008.
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