The National Centre for Universities and Business (NCUB) today publishes the fifth annual State of the Relationship report, examining and exploring the state of collaboration between UK business and universities.
The report contains the updated metrics in the Collaboration Progress Monitor, amongst the statistics they surface is the fact that foreign investment in business collaborations with UK universities grew healthily between 2015 and 2016; while domestic businesses became more cautious with investments, they increased their interactions with universities; and the number of deals both with large businesses and SMEs rose.
The report also assembles 70 powerful exemplars of innovative university-business partnerships from our members and funders.
NCUB chief operating office Joe Marshall said: “In the five years since we launched the State of the Relationship much has changed and is changing in the ecosystem. New organisations have formed, new spotlights have been put on research and development, with the Government’s commitment to increase public and private expenditure on R&D to 2.4% of GDP target emblematic of this; and new levies have brought employee recruitment and development activities into sharper focus.
“Collaborations and partnerships are becoming deeper and better embedded into the working practices of business and university actors across the ecosystem.”
NCUB Chairman Sam Laidlaw continued: “Our members and funders are responding to this changing landscape with a range of exciting, strategic, focused, and transformational projects, collaborations, funding calls, fresh thinking on pedagogy and student support, as well as a stronger focus on place-based research and innovation.
“Growing Collaboration is at the heart of the NCUB’s mission, and its members continue to show how to do it best.”
Read the report in full here.
NOTES FOR EDITORS
Growing collaboration is at the heart of the NCUB’s mission, and its members continue to show how to do it best.
The report is divided into the following six sections:
01 – State of the Relationship – Ten years of problems, conundrums and solutions in business-university collaboration; 2018 Collaboration Progress Monitor
02 – Shape of the Relationship – The changing state of higher education
03 – Shape of the Relationship – Local business impact
04 – Shape of the Relationship – Driving solutions
05 – Sustaining the Relationship – Safeguarding the future
06 – Sustaining the Relationship – People and wellbeing
Collaboration Progress Monitor
The Collaboration Progress Monitor (CPM) is a bespoke tool tracking progress in UK university-business collaboration. It identifies emerging trends through 15 metrics across 4 dimensions: resources for collaboration, knowledge flows between universities and business; partnerships, and commercialisation activity. The CPM compares data to a 5-year average.
Foreign investment in business collaborations with UK universities grew healthily between 2015 and 2016; but domestic businesses decreased their investment in the same period.
And while domestic businesses became more cautious with investments they increased their interactions with universities. The number of deals both with large businesses and SMEs rose but average deal size fell:
More interactions between universities and SMEs (11.4% increase) but size of deal fell by 1.5%
More interactions between universities and large businesses (6.4% increase) but size of deal fell by 3.7%
The number of Innovate UK grants fell by 21.9%, but average size of grant up 13.5%.
The share of investment in R&D performed by universities from foreign sources increased slightly from £1.3bn to £1.35bn.
Industry income for knowledge exchange actives (excluding licensing) received by universities contracted by 0.2% in real terms – from £958m to £956m. Gross expenditure on R&D by universities fell 1.8% in real terms.
Growth in income licensing activity of 38.2% from 2015, to £125.8m.
The share of graduates in employment fell 0.5% to 73.4%
About The National Centre for Universities and Business (NCUB)
Promoting business-university collaboration for a prosperous and inclusive economy and society.
As a membership not-for-profit organisation, the National Centre brings together leaders from across higher education and business to tackle issues of shared interest.
For more information, or to interview an NCUB spokesperson, please contact will.parsons@NCUB.co.uk