Nobel Prize controversies research CERN, commented in a scientific meet in Kolkata titled "Frontiers of Science" that "it is unfortunate that pioneering Indian physicist Satyendra Nath Bose did not win the Nobel Prize for work on quantum physics in the 1920s that provided the foundation of the Bose–Einstein statistics and the theory of the Bose–Einstein condensate". Albert Einstein's 1921 Nobel Prize Award mainly recognized his 1905 discovery of the mechanism of the photoelectric effect and "for his services to Theoretical Physics". The Nobel committee passed on several nominations for his many other seminal contributions, although these led to prizes for others who later
Nobel Prize did not award any prizes. In 1944, the Nobel Foundation, together with the three members in exile, made sure that nominations were submitted for the Peace Prize and that the prize could be awarded once again. In 1968, Sveriges Riksbank (Sweden's central bank) celebrated its 300th anniversary by donating a large sum of money to the Nobel Foundation to be used to set up a prize in honor of Nobel. The following year, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded for the first time. The Royal Swedish Academy of Sciences became responsible for