History
The first exercise of assessing University research in the UK took place in 1986 under the Margaret Thatcher Government. It was conducted by the University Grants Committee, a predecessor of the present Higher Education Funding Councils. The purpose of the exercise was to determine the allocation of funding to UK Universities at a time of tight budgetary restrictions. The committee received submissions of research statements from subject areas ("cost centres") within Universities, and issued quality rankings labelled "outstanding", "above average", "average" or "below average". The research funding allocated to Universities (called "quality-related" funding) depended on the quality ratings of the subject areas.
Two subsequent research assessments were conducted in 1989 and 1992 under the name "research selectivity exercise" by the Universities Funding Council. These were followed by "research assessment exercises" conducted in 1996, 2001 and 2008 jointly by the various UK Higher Education Funding Councils.
Read more about this topic: Research Assessment Exercise
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Famous quotes containing the word history:
“The history of a soldier’s wound beguiles the pain of it.”
—Laurence Sterne (1713–1768)
“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)
“There is nothing truer than myth: history, in its attempt to “realize” myth, distorts it, stops halfway; when history claims to have “succeeded” this is nothing but humbug and mystification. Everything we dream is “realizable.” Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)