CZ:Ref:DOI:10.1080/08989620802689821

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Gordon, R. & B.J. Poulin (2009), "Cost of the NSERC Science Grant Peer Review System Exceeds the Cost of Giving Every Qualified Researcher a Baseline Grant", Accountability in Research 16 (1): 13–40, DOI:10.1080/08989620802689821 [e]

Suggests, based on a study of the costs of peer review at the Natural Sciences and Engineering Research Council of Canada, that innovation could be stimulated by avoiding peer review for grants at the initial stages stages of research.
 
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