We investigate the New Zealand panel-based research assessment model and the Performance Based Research Fund, drawing on surveys of panel members. We conclude that the PBRF has encouraged a greater quantity of research, but may have created other problems, including a high cost for questionable benefits. We suggest lessons for other models of research assessment.
Performance Based Research Fund
New Zealand is not a key player in research and development, but is no worse than would be expected given its small population, brain drain of talented scientists and researchers, moderate income, ...