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There are a number of options for research funding in an independent Scotland including establishing a Scottish Research Council for the allocation of research monies or as a mechanism for directing funding into existing pan-UK research councils. We recognise the benefits – for the academic community, business and research charities across the UK – of maintaining long-term stability in research funding and systems that support initiatives of scale and researchers working together across boundaries. With independence we will seek to maintain a common research area with the rest of the UK including existing shared Research Councils.

Source: Scotland's Future, Scottish Government, November 2013.