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Knowledge Transfer Partnerships NameDr Gillian Rysiecki KTP Adviser.

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Presentation on theme: "Knowledge Transfer Partnerships NameDr Gillian Rysiecki KTP Adviser."— Presentation transcript:

1 Knowledge Transfer Partnerships NameDr Gillian Rysiecki KTP Adviser

2 Europes most successful Knowledge Transfer Programme…

3 KTP Mission To strengthen the competitiveness, wealth creation and economic performance of the UK by the enhancement of knowledge transfer and skills and the stimulation of innovation through collaborative projects between business and the knowledge base.

4 Partnership Structure

5 Project length 12 – 36 months Associates recruited by University and Company partners Employed by University partner Project located at business premises with company supervisor University Supervisor spends ~ half day per week at company premises Features

6 Live Partnerships

7 March sponsors (TSB, SE, WAG, Invest NI, Defra, DoH, EPSRC, ESRC, NERC, BBSRC, PPARC, AHRC, One North East, SEEDA, SWRDA, EMDA, Northern Way) £32.7m Grants committed £81.5m company contributions 1048 live Partnerships (22% increase since 2005) 1157 live Projects

8 Benefits per Associate project: Annual profit up >£227k (highest £20m) Invest. in plant & machinery >£106k (highest £7m) New jobs created ~ 4 IP applied commercially > 65% New research projects initiated ~ 3 Company benefits

9 Benefits per £1m Government spend: Jobs created 77 Company staff trained 263 Annual increase in profit before tax > £3m Investment in plant and machinery > £1.5m Company benefits

10 Long-term, strategic relationship with University partner Recruitment of the right people Transfer of knowledge/expertise Embedding of innovation culture Company benefits

11 Recently qualified with: First degree ~ 77% hold 1 st or 2(i) Higher degree ~ 38% Average age 28 years All disciplines The Associate

12 Part of countrys largest graduate recruitment scheme Competitive salary Fast-track career development 51% registered for higher degree during project 74% offered employment by host company Training & development with qualification in Management to National Standard

13 Knowledge Base Benefits Income Published papers Teaching materials, case studies and projects (87%) New research themes - commercial relevance (89%) Staff development – commercial awareness (91%) Higher degree registrations Graduate career opportunities IP – negotiated with the company (20% expect commercial benefits) Strategic relationship with company (76%)

14 HLST Case Studies The Seafood Restaurant, Padstow and University of Brighton. Growth of the retail operation by developing a Retail Business Strategy. Scher International (now Taylor Nelson Safres) and Oxford Brookes University. Development of a software tool for benchmarking customer service in the hotel industry Cardiff International Airport and UWIC School of Management. Development of a marketing strategy in order to increase market share.

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