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What is Knowledge Transfer: a cornerstone of university life or an irritating distraction from research and teaching? Dr. Graeme Reid.

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Presentation on theme: "What is Knowledge Transfer: a cornerstone of university life or an irritating distraction from research and teaching? Dr. Graeme Reid."— Presentation transcript:

1 What is Knowledge Transfer: a cornerstone of university life or an irritating distraction from research and teaching? Dr. Graeme Reid

2 Knowledge exchange income 2001- 2008 Sources: HEBCI surveys, PACEC/CBR analysis Total Contract research Collaborative research Courses Consultancy Facilities and equipment IP revenues Income stream 2,039 632 470 404 251 73 51 2008 income (£m) 100 31 23 20 12 4 2 2008 share of total (%) 11 15 4 16 13 20 CAGR 01-08 (%) Regeneration15886 2 96 14 16 30 29 6 13 Growth 07-08 (£million) -12

3 Source: Thomas Estermann, EUDIS Seminar, European University Association

4 Number of knowledge exchange staff 2003- 2008 Source: HEBCI, PACEC/CBR analysis

5 “This time next year we'll be millionaires!” Source: Delboy Trotter, Nelson Mandela House, Peckham (BBC).

6 Why do academics do Knowledge Transfer? Source: PACEC/CBR survey of academics 2008; PACEC/CBR analysis

7 Academic participation rate in knowledge exchange by discipline (based on academics engaging in at least one mechanism at least three times in the past three years) Source: PACEC/CBR survey of academics 2008, PACEC/CBR analysis

8 Creating new businesses In the period 2003-2010, thirty seven university spin outs were floated on stock exchange with an IPO value of £1.7 billion. Twenty four university spin out companies were acquired by other business for a total value of £2.4 billion in the same period. Cambridge spin-outs ARM Holdings and Autonomy Corporation are now in the FTSE 100. [Source: UNICO]

9 Wolfson was spun out of Edinburgh University in 1984, and went public in 2002 Wolfson Microelectronics

10 Wyeth Pharmaceuticals (Now part of Pfizer) invested £50m in the Scottish Translation Medicine Research Centre Collaboration between Aberdeen, Dundee, Edinburgh and Glasgow

11 Extensive collaborations with the oil and gas industry:

12 Developing alongside Abertay University 350 creative industry companies in and around Dundee. 3,400 employees ~£185m p.a. turnover Rapid growth from 1999 to 2007. Interactive Tayside estimate that between 70-80% of employment in the sector are based in Dundee Computer Games in Abertay

13 Rolls Royce University Technology Centre on Electrical Power Systems.

14 Five ways to generate economic impact from research Delivering highly skilled people to the labour market Improving the performance of existing businesses Improving public policy and public services Attracting R&D investment from global business Creating new businesses Economic Impact Economic Impact

15 Attracting R&D investment from global business SOURCE: The implications of R&D off-shoring on the innovation capacity of EU firms (2007) Report by LTT for PRO INNO EUROPE – an EU Commission initiative (DG Enterprise & Industry) United Kingdom France Germany Ireland Spain Sweden Finland Netherlands Number of R&D FDI Projects by EU Destination Country (2002-2006)

16 The Research Base Matters Legal Spin Costs Restrictions Tax BreaksSup Export IP Owner Sup Sales Growth Collab Univs Univ Faculty IP Protect R&D Talent R&D Site Selection Factors for Developed Economy AgreeImportance In developed economies the most important factors are:  quality of R&D personnel  strength of IPR R&D costs are not a deterrent "Recent Trends in the Internationalisation of R&D in the Enterprise Sector", OECD Working Party on Statistics 2008 Attracting R&D investment from global business

17 Issues Can recent growth rates continue? Wider spread of disciplines? Should every university manage its own IP? Knowledge Transfer on an equal footing with teaching and research?


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