The report presents evidence relating to the strengths and weaknesses of business-university collaboration, the effectiveness of Government initiatives to support innovation through business-university collaboration, the funding for innovation and business-university collaboration and the local growth agenda and business-university collaboration.

Report findings include evidence of a range of initiatives aiming to improve information flows between universities and business and to provide spaces for collaboration to take place. For the UK to capitalise on this, a coordinated strategy is needed. Care is required to ensure that new initiatives add value to the existing system, rather than creating unnecessary complexity.