The Nobel Prize is funded by donations from Swedish banks and profits from foundations.
There are six Nobel Prizes, among which there are three natural sciences: physics, chemistry, medicine or physiology. The other three are literature, peace and economics.
The Nobel Prize is managed by a committee of the Swedish government; Physics, chemistry and economics prizes are evaluated by the Scientific Committee of the Royal Swedish Academy; The prize in physiology or medicine is evaluated by Caroline Institute of Surgery in Stockholm; The literature prize is evaluated by the Swedish Academy Literature Prize; The Peace Prize is awarded by a five-member committee elected by the Norwegian Parliament.
The first Nobel Prize was awarded on19011210. In addition to the wartime interruption, the annual award ceremony is held in Stockholm and Oslo on this day. Since the Nobel Prize was awarded, its selection process has never changed. Every year, about 2,000 candidates are solemnly recommended by Nobel Prize winners in Sweden and other countries and authoritative figures in various disciplines and industries, and hundreds of them are formally recommended to the jury. After a long investigation and secret meeting, the final winner has been determined.
The award of the Nobel Prize pays attention to great scientific achievements, which must stand the test of time and prove that the achievements of these scientists have indeed played a significant role in the development of science and production. Adhering to this law can ensure that the winners are basically selected and the scientific achievements obtained are at a high level. In addition, the award Committee also pays attention to rewarding groundbreaking basic research, basic theoretical research and creative research in tools.