Professor Graeme Reid Why are there so many reviews of university- business collaboration? Science Summit – December 3rd
Jul 13, 2015
Professor Graeme Reid
Why are there so many reviews of university-business collaboration?
Science Summit – December 3rd
• 2003 Richard Lambert’s Review of Business-University Collaboration
• 2004 Ten year Investment Framework for Science and Innovation 2004-2014
• 2006 Ten year Investment Framework for Science and Innovation 2004-2014: Next Steps
• 2006 Peter Warry’s report on increasing the economic impact of Research Councils
Shaping the landscape
….gathering momentum
• 2010 Herman Hauser’s review of technology commercialisation
• 2012 Tim Wilson’s Review of Business-University Collaboration
• 2013 David Willetts’ Eight Great Technologies
• 2013 Lord Young’s report ‘Growing your Business’
• 2013 Lord Heseltine’s review ‘No stone unturned’
• 2014 Herman Hauser’s review of Catapult Centres
• 2014 House of Commons Select Committee Review of Business-University Collaboration
• 2014 Insights from international benchmarking of the UK science and innovation system
• 2014 Innovate UK Strategy: Concept to Commercialisation
• 2014 Innovation Report: Innovation, research and growth
• 2014 Science and Innovation: rates of return to investment
• 2014 Innovation and Economic growth
….and supported by analyses
Office of the Vice-Provost (Research)The impact of research
What is the outcome?
Universities working with business
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
Grand Total
Contract research
Collaborative research
CPD and CE
Consultancy
Regeneration and development
programmes
Facilities and equipment related
services
IP (including sale of shares)
In 2012/13 universities secured nearly £3.6bn from external sources
University spin-outs
£330 million
£720 million
£242 million
£542 million
£291 million
£6.6 billion
£99 million
Sold for:
Neil Woodford invests in Imperial Innovations plc and Applied Minds plc
Transactions evolve into strategic relationships
Advanced Forming Research Centre
Ranking for University-Business R&D Collaboration
0
2
4
6
8
10
12
14
2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015
Un
iver
sity
Bu
sin
ess
collo
bo
rati
on
(gl
ob
al
com
pet
itiv
enes
s ra
nki
ng)
‘which universities would you identify as having
created/supported the world’s most successful technology
innovation ecosystems’,
The Global Innovation Index 2013
More to do
Source: Alan Hughes & Michael Kitson (2013) “Connecting with the Ivory Tower: Business Perspectives on Knowledge Exchange in the UK”
Constraints on Interactions: businesses and academics engaged with the private sector (% of respondents)