This report presents an evaluation of the Science Research Investment Fund Round 2 (SRIF2), identifying the principal benefits realised.
The review comprised two main data collection activities: a survey of all UK HEIs to gather views on the extent of the benefits realised, and qualitative research to compile 35 case studies illustrating the more strategic outcomes.
SRIF2 provided around £1 billion of capital funding to higher education institutions (HEIs) across the UK, for the two years 2004-05 and 2005-06. In some cases, SRIF2 investments complemented investments made through earlier funding rounds. Therefore the review has also captured some of the benefits attributable to government investment since 1998 and the Joint Infrastructure Fund (JIF).
A key finding is that SRIF investment produces wide-ranging and multiple benefits within recipient HEIs, with the two most widespread and important 'research' benefits being enhanced research productivity and an ability to carry out new types of research.