A comprehensive toolkit for performance-based research funding systems
The case for Performance-based Research Funding Systems (PRFS) is building as more countries adopt them to increase the performance of their research system. To date, few comparative studies have been conducted bringing together practices and experiences with this relatively new policy instrument. The PSF Mutual Learning Exercise (MLE) provided the platform for an extensive discussion on the challenges related to the design of PRFS and their position, role and value within the broader policy mix. The outcome is a comprehensive report providing insights on the advantages and drawbacks of the different options, and recommendations for an optimal PRFS design.