STFC Economic Impact Reporting Framework 2008/09

This is the second annual Economic Impact Reporting Framework (EIRF) published by the Science and Technology Facilities Council (STFC).

These reports were implemented across all the Research Councils in 2005 and form part of the new Economic Impact Framework (http://www.berr.gov.uk/DBIS/science/science-funding/framework/page9306.html) managed by the Department for Business, Innovation and Skills.

The Council's EIRF should be read in conjunction with its 2008/09 Delivery Plan Report and Annual Report, which provide a comprehensive summary of achievements over the period.

The majority of indicators in this report were recorded in the previous Output 1 reporting framework, apart from those in knowledge exchange efficiency, the majority of which were captured in the previous Output 2 framework. The framework shows, where possible, the data for 2005/06, 2006/07, 2007/08 and 2008/09.

The data for 2008/09 show:

  • A significant increase in the research output and number of experiments carried out at the Diamond Light Source (DLS) facility based at the Rutherford Appleton Laboratory, as it runs up to full capacity;

  • A steady increase in the number of publications arising from funding of Astronomy and Particle Physics in the UK;

  • An increase in the UK’s share of Nuclear Physics publications;

  • STFC’s Postdoctoral and Advanced Research Fellowships continue to attract high calibre candidates worldwide. In 2008/09, STFC funded 13 Postdoctoral Fellowships, worth approximately £210k over three years. Advanced Fellowships are worth approximately £400k over five years. Six Advanced Fellowships were funded in 2008/09;

  • STFC supports approximately 900 postgraduate students over the course of their training, at an annual cost of over £17m;

  • STFC’s Research Facilities, along with DLS provided research access to over 700 PhD students funded by other Research Councils during the course of the year, many of whom are multidisciplinary, delivering over 9000 PhD training days to those students;

  • STFC invested over £140M in grant funding over the year, an increase of over £50m over the previous year;

  • STFC achieved Value for Money (formerly Gershon Efficiency) Savings of £23.1M against a target of £20.7M across a range of measures;

  • Over 7000 pupils and 9000 members of the public attended on-site events;

  • 87 companies based at DSIC (an increase of 16), with over 300 employees. A further 130 organisations are located at HSIC;

  • Income from licensing of intellectual property mor than doubled from £92k in 2007/08 to over £230k in 2008/09.

|Economic Impact Reporting Framework 2008/09 (PDF-491KB) (opens in a new window)

 

|Economic Impact Reporting Framework 2007/08 (PDF-656KB) (opens in a new window)

See also:   

Economic Impact in Peer Review
Impact requirements - frequently asked questions

Page last updated: 26 January 2010 by Isobel Climas