Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
Financial measures in this category include:
Academic Research is concerned with devising new relations and connections between the existing entities in a given sector. There are innumerable kinds of studies that one can choose from for experimentation tasks. However, a thread that binds all of these is the 'necessity of being well equipped with the underlying information' so as to set a complete stage for proceeding with the 'theory formulation' job.
Owing to the really vast directions in which one can proceed, it is not only useful but also necessary to arm oneself with a degree in a field that is related to the one in which research is to be done. This helps the student in carrying out an academic assessment about the potential he/she possesses in a transparent manner together with rendering a clear understanding of how things operate in the area of academic study.
However, this is a 'fund intensive' field that demands significant time investment also as coming up with useful results can sometimes be a really long process.
Moving to the use of this area, R&D position of a nation is often influenced by the extent and level of academic research that goes on in its institutes. Therefore, the respective governments take active part in promoting the research activities by young scholars.
One should possess an inquisitive nature and willingness to conduct studies to fructify the attempts put into the course.
This is the actual scorecard with Academic Research Indicators and performance indicators. The performance indicators include: financial perspective, % of research quantum received from government, proportion of income from research, % increase in income from knowledge transfer activities, research income per academic staff fte, research performance perspective, number of international research publications, number of research grants sanctioned, number of national research publications, number of patents, operational perspective, research output of research assessment exercise (rae), number of higher degree by research completions per 10 research staff fte, time to completion of higher degree by research students, number of external contracts for research facilities, learning and growth perspective, % increase in student involvement, number of feedbacks, number of research initiatives undertaken, proportion of research active staff.
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