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Welcome slide. The Higher Education Innovation Fund In England. International Symposium on university costs and compacts 14-15 July Canberra. Steve Egan Deputy Chief Executive. History Current funding approach Results so far. History. Third stream - definition.

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  1. Welcome slide

  2. The Higher Education Innovation FundIn England International Symposium on university costs and compacts 14-15 July Canberra Steve Egan Deputy Chief Executive

  3. History • Current funding approach • Results so far

  4. History

  5. Third stream - definition • ‘trend among many universities toward a third function, which has been described using a range of terms such as knowledge transfer, community service, community engagement and the third stream.’ • ‘Third Stream is about the interactions between universities and the rest of society.’ (SPRU, 2002)’

  6. UK third stream story so far • 1970s – technology transfer from US • 1970/80s – constraints on public funding; ‘entrepreneurial’ university – diversified funding streams • 1980/90s – UK Conservative Govt ‘no near market’ • 1990s/2000s – UK New Labour focus on HE in economic and social development

  7. Transition from Tech Transfer to Knowledge Exchange Where we are going to… Where we have come from… STEM focus All disciplines Simple ‘transmission’ model of knowledge Dynamic exchange model Wealth creation Innovation, productivity, quality of life, cultural enrichment, civic dev, community regeneration etc. Large, multi-national businesses Spectrum from global to local/ regional and all users

  8. BUSINESS COMMUNITY PRIVATE SECTOR PUBLIC SECTOR CULTURAL LANDSCAPE SOCIAL & CIVIC ARENA Resources & Opportunities Cultural Enrichment & Quality of Life Efficiency,Cohesion Competitiveness, Growth B&C interaction or ‘third stream’: Scope

  9. Sustainable Strategy Refresh, refine and review Evolution of third stream funding IMPACT OUTCOME OUTPUT CAPACITY CAPABILITY CULTURE HEIs - and their activities - will be at different stages on this trajectory…...

  10. HEFCE third stream funding

  11. HEFCE’s Role • HEFCE is institutional funder • Provide infrastructure for research, teaching – and now third stream

  12. Historical Funding View Years 2009 1999 00 01 02 03 04 05 06 07 08 3rd stream formula funding HEROBC HEROBC HEIF 1 HEIF 2 ‘HEIF 3’ Smaller scale projects KTCF HEACF HEACF BUSINESS FELLOWS

  13. HEIF 4 – Funding available 2008-09 £112 million* 2009-10 £134 million 2010-11 £150 million (HEIF 3 2007-08 £111 million)

  14. HEIF 4 – All Formula Formula: • First component (40%) • Capacity building and potential • Academic staff numbers (FTE) • Second component (60%) • Performance • Value/impact of B&C services • (SME income double weighted) • Based on basket of income metrics

  15. Second component- metrics • Contract Research • Consultancy income • Income from business and community use of Equipment & facilities • Income for local and regional development and Regeneration (eg local & regional govt, European Union) • Intellectual Property Income • External Income for Continuing Professional Development courses • Knowledge Transfer Partnerships (KTPs) [specialised KT scheme run by Govt for students working on company projects] • Income from SMEs double-weighted throughout

  16. HEIF 4 – Purpose of funds • To support a broad range of third stream (knowledge transfer/exchange, enterprise etc) activities and infrastructure, resulting in economic and social benefit • Not only with private sector – also public sector and charities, community groups etc • Synergy with research and teaching

  17. Focus of third stream % HEIs with a focus on each group (HEIF 4 strategies) • SMEs 85 • Public sector orgs 74 • Large corporations 51 • Charities/voluntary 38 • Other private sector 24 • Freelance workers 14

  18. Institutional strategies • All HEIs have been requested to submit an institutional strategy • Acceptance of strategy by HEFCE – necessary for funding allocation to be confirmed and released • ‘Strategy’ rather than ‘plan’ • Not just plan for spending HEIF 4 • Need to know about HEI’s overall strategic approach to third stream

  19. Institutional Strategies – Analysis and dissemination • Strategies approved to release funding (individual HEI feedback) • Expert consultants to carry out analysis of strategies at sector level • To inform policy makers, funders and stakeholders • To support sharing of good practice around the sector • Publication of overview report • Publication of all approved strategies • Expected to approve all strategies and release funding; and Commend some

  20. Evaluation “to evaluate what has been achieved by HEFCE/Government 3rd stream funding to achieve culture change and embed capacity toward optimising the direct and indirect economic impact of HE [assumed baseline 1999]" Key Aspects • Internal Culture Change • External Impact Method • Survey • Case Study

  21. Successes and lessons learnt

  22. Selected HE-BCI Indicators

  23. Initial HEIF 4 Analysis Results • 77% HEIs third stream clearly integrated in mission • 23% loosely • 0% not integrated

  24. Initial HEIF 4 Analysis Results • Top KT activities (by no. of HEIs) • CPD (77% HEIs) • entrepreneurship education (60%) • consultancy (58%)

  25. Initial HEIF 4 Analysis Results • Top targeted user sectors: • Creative & cultural (81% HEIs) • Energy & Environment (38%) • Public and Third Sectors (36%)

  26. Initial HEIF 4 Analysis Results • Spatial focii to KT • 82 % regional • 66% local • 52% national • 51% international

  27. Initial HEIF 4 Analysis Results - More • Top methods of engaging academics • 63% incentive schemes • 59% incorporating KT into promotions etc • 56% training, workshops etc

  28. Initial HEIF 4 Analysis Results - More • Academic engagement – range of HEIs from c.20% of academics doing 3rd stream, to 100%

  29. Initial HEIF 4 Analysis Results - More • Breakdown of use of HEIF funding (total HE sector) • 52% dedicated KT staff • 15% direct academic engagement • 5.5% PofC funds

  30. Initial HEIF 4 Analysis Results - More • Importance of HEIF funding to the HEI • 55% critically important • 35% very important • 10% moderately important

  31. Other reflections • Value of large scale collaborative projects for innovation; but issue of sustainability • Diversity of economic and social needs; fits with a bottom-up approach to engagement • Formula funding enabling HEIs to build their own strategic approaches; and helps embedding • Opportunity costs with Teaching but especially Research

  32. A Word on Missions • Embedding third stream • Strategic Development Fund: institutional transformation • Eg ‘3rd as 2nd’ projects • Employer engagement/workforce development

  33. Thank you

  34. Welcome slide

  35. Glossary of terms • Main programme: • HEROBC – HE Reach Out to Business and the Community; initial HEFCE programme (inclusive but small scale) • HEIF – HE Innovation Fund; developed out of HEROBC working with Science Budget funders; larger scale but narrower focus to start • Smaller initiatives rolled into HEIF 3: • HEACF – HE Active Community Fund; Home Office funding for voluntering • Business Fellows • KTCF – Knowledge Transfer Capability Fund: exploratory of T intensive HEIs responsibilities

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