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This paper considers the continuing challenges facing research funders when trying to allocate research money. It focuses on the area of research policy in mental health research funding, with a particular emphasis on funding for schizophrenia research, and provides an overview of research policy in the last 20-25 years. It then goes on to consider what approaches funders could take to build an evidence base to support future decisions about funding. An earlier version of this paper was used to stimulate thinking prior to a workshop hosted by the Graham Boeckh Foundation in Montreal on 21 and 22 April 2009 to discuss these issues.

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The research described in this report was supported by the Graham Boeckh Foundation and was conducted by RAND Europe.

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