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Knowledge exchange income 2001-2008

What is Knowledge Transfer: a cornerstone of university life or an irritating distraction from research and teaching? Dr. Graeme Reid. Knowledge exchange income 2001-2008. 2008 share of total (%). 2008 income (£m). CAGR 01-08 (%). Growth 07-08 (£million). Income stream. Total. 2,039. 100.

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Knowledge exchange income 2001-2008

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  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 2008share of total (%) 2008 income(£m) CAGR01-08(%) Growth07-08(£million) Income stream Total 2,039 100 11 96 Contract research 632 31 15 14 Collaborative research 470 23 4 16 Courses 404 20 15 30 Consultancy 251 12 16 29 Regeneration 158 8 6 -12 Facilities and equipment 73 4 13 6 IP revenues 51 2 20 13 2 Sources: HEBCI surveys, PACEC/CBR analysis

  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. Computer Games in Abertay • 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

  13. Rolls Royce University Technology Centre on Electrical Power Systems.

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

  15. Attracting R&D investment from global business United Kingdom Netherlands Germany Spain Sweden Finland France Ireland Number of R&D FDI Projects by EU Destination Country (2002-2006) 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)

  16. Attracting R&D investment from global business The Research Base Matters • In developed economies themost 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 Spin Legal Costs Growth IP Owner IP Protect Sup Sales Tax Breaks Sup Export Restrictions R&D Talent Univ Faculty Collab Univs Agree Importance R&D Site Selection Factors for Developed Economy

  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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