Research Councils UK (RCUK) have published two new documents, one which outlines RCUK's Mission for Social and Economic Impact and an accompanying Statement of Expertise. It covers the activities and disciplines of all seven Research Councils.
'Speaking on behalf of Research Councils UK, Professor Philip Esler said "Our commitment to excellent research that extends the boundaries of human knowledge remains as strong as ever. These documents signal a progression in the Research Councils' policy on knowledge transfer, begun in 2006 with the publication of the Warry Report, which recognises that publicly funded research should benefit us culturally, socially and financially. The publication of our Mission and Statement of Expectation represents a significant milestone that will be reflected in the Research Councils' peer review processes and in their grant terms and conditions."'
Read the documentation on the RCUK website