1422405_money_polandWell yes, there are some things that can’t be recognised in monetary terms, so how do we ensure that such initiatives get funded?

“The relevant, recognised and desirable impacts of research, we are told repeatedly, go way beyond the purely economic. There are some things in life which cannot be measured in economic terms – and this includes many research impacts,” he writes.

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But he notes that in its attempts to justify the economic impact of research, the Arts and Humanities Research Council – whose literature “sometimes suggests that it is really desperate to demonstrate impact” – inevitably concentrates on the research it funds in heritage, archaeology and museums, which feed into fee-charging exhibitions.

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