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 transcript:

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

Knowledge exchange income Sources: HEBCI surveys, PACEC/CBR analysis Total Contract research Collaborative research Courses Consultancy Facilities and equipment IP revenues Income stream 2, income (£m) share of total (%) CAGR (%) Regeneration Growth (£million) -12

Source: Thomas Estermann, EUDIS Seminar, European University Association

Number of knowledge exchange staff Source: HEBCI, PACEC/CBR analysis

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

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

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

Creating new businesses In the period , 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]

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

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

Extensive collaborations with the oil and gas industry:

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

Rolls Royce University Technology Centre on Electrical Power Systems.

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

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 ( )

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

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?