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Knowledge Transfer Partnerships

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Presentation on theme: "Knowledge Transfer Partnerships"— Presentation transcript:

1 Knowledge Transfer Partnerships
Name Dr Gillian Rysiecki KTP Adviser

2 ‘Europe’s most successful Knowledge Transfer Programme…’
Not to use with strictly academic audiences

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
Emphasise the benefit to all three: company, Knowledge base and Associate. Strong benefit to all is a strong partnership.

5 Project length 12 – 36 months
Features 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 One of the more recent changes in the partnerships is that projects can now last between months (3 monthly blocks). Since this change has come in, at least from my experience in partnership approvals – this has lead to an increase in the diversity of partnerships – all shapes and sizes and fit for purpose. KB Supervisor at the company partner half day or the equivalent thereof.

6 Live Partnerships

7 March 2007 17 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:
Company benefits 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 Moving on to look at the benefits to the Company, KB and associate –

9 Company benefits 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

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

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

12 The Associate Part of country’s 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 Benefits to the associate

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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