Race to the Top (RTT) is a first-of-its kind $4.35 billion competitive grant program designed to spur state-level education innovation to boost student achievement, close achievement gaps, and prepare students for college and careers. Originally authorized in 2009 under the American Recovery and Reinvestment Act, RTT encourages states to develop…

This paper provides a critical analysis of New Zealand's Performance Based Research Fund (PBRF). The first section sketches the development and implementation of the PBRF. The second section evaluates the scheme, concentrating on three themes: the relationship between privatization, competition and research performance; the standardization of…

A study analyzed the policies of 20 Organisation for Economic Cooperation and Development (OECD) member countries pertaining to small and medium enterprises (SMEs). Aims of the study were to assess the current role of SMEs as generators and users of innovations, to analyze the components of a favorable climate for innovation in SMEs, and to…