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Bridging the Gap Knowledge Transfer Partnerships Nigel Hemmington.

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Presentation on theme: "Bridging the Gap Knowledge Transfer Partnerships Nigel Hemmington."— Presentation transcript:

1 Bridging the Gap Knowledge Transfer Partnerships Nigel Hemmington

2 Introduction What is KTP ? Example KTP Projects KTP Funding What Makes a Good KTP? http://www.ktponline.org.uk/

3 What is KTP ? Knowledge Transfer Partnerships(KTP) is Europe's leading programme for helping businesses to improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK knowledge base

4 What are KTPs? Projects of strategic importance to the company Must be academically challenging for the university. Between 18 and 36 months duration. Graduate employed to undertake project work, Academic supervision of approx. ½ day per week.

5 How do they work? A Company has an important strategic project, but not the necessary skills or expertise A Graduate with the right skills but not the expertise The University provides the expertise Through the Graduate, the University’s experience is transferred and embedded within the Company

6 What are KTPs? KTP Associate ( Graduate) Company Knowledge base (University) Partnership

7 Benefits for the Company Knowledge Transfer Partnerships provide resources and expertise to thriving organisations who wish to innovate, expand or improve their performance. Knowledge Transfer Partnerships can help your company: Find an innovative solution to help your business grow Increase your competitive advantage Access recently qualified people to spearhead new projects Access experts who can help take your business forward

8 Benefits for the Company New Products New Processes Improved Systems Access to New Markets Improved Sales Improved Profits Improved Exports Trained Staff

9 Benefits for the Company Full-time Associate (graduate) Access to University expertise (equiv. 2 days/month) Budget for consumables, travel, equipment Budget for Associate training Access to KTP Advisor (consultant)

10 Why Universities do KTP ? Research Perspective Provides research data Acts as a test ground for theories Supports the development of publications Teaching Perspective Provides Academics with new experiences Keeps Academics up to date with current business issues/thinking Provides useful case study material Student Perspective Improves our student experience Improves student employability Raises our profile and leads to increased student numbers

11 Examples of KTP Projects Institute of Hospitality (HCIMA) TNS (Taylor Nelson Sofres) Olives et al. Fudges Bakery Dorset Cereals FJB Hotels

12 67% 33% Government Small Company commitment of approx. £20k per year Company KTP Funding What does it cost a Small / Medium Company?

13 50% Government Large Company/Group commitment of approx. £30k per year Company What does it cost a large Company? 50% KTP Funding

14 Government funding for KTPs comes from over 17 different sponsors including: –Arts & Humanities Research Council –Biotechnology & Biological Research Council –Dept for the Environment –Dept for Health –Department for Business, Enterprise and Regulatory Reform (was the DTI) –Economic & Social Research Council –Engineering and Physical Science Research Council –Natural Environment Research Council –Welsh Assembly –Scottish Executive –RDAs (incl SWRDA) KTP Funding

15 SWRDA Funding “The South West RDA is considering the sponsorship of KTPs in the South West, focusing on improving resource efficiency in the region's businesses.” “Key Sectors” - incl. tourism, food & drink

16 ESRC Funding ”The ESRC has a remit across all sectors of the economy and society. However, priority will be given to business partnership in the following key sectors: Energy, Financial Services, Consultants/Intermediaries, Health Technologies, Retailing, Creative Industries, and Sport*, Leisure and Tourism ” Annual £1.2M for KTP projects. The targets for 2008/08 are: 8 new partnerships with private sectors at 50% sponsorship 8 new partnership in the public sector at 50% sponsorship 4 new partnerships in the third sector at 100% or up to 8 of co-sponsorship is secured. [The other 50% comes from the Technology Strategy Board (TSB)]

17 What does the KTP budget cover? Graduate Employment Costs Academic/Admin Time Training & Development Travel and Subsistence Equipment and Consumables

18 What Makes a Good KTP?  Good project - challenge  A good Associate  A good relationship  Company with sound finances  With a genuine strategic need  Supportive of the KTP  Welcoming of expert input

19 What’s in it for the Graduate?  £20k job  Excellent Experience  Extensive Training  Fast-track Management Progression  Chance to Register for a Higher Degree

20 Tangible Outputs From 43 recently completed KTPs, the following benefits: –£10.8 million increase in Company sales –£5.7 million increase in Company profits –35+ case studies –32 registrations for post graduate qualifications –33 graduate level jobs in industry –30 journal publications and 23 other publications –52 Under-grad projects and 33 post-grad projects

21 Questions?  http://www.ktponline.org.uk/


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