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Promoting links between business and universities

21/03/2005

A report on promoting better links between business and universities will be supported by increased funding, it was announced today.

Deputy First Minister Jim Wallace has published the Executive's response to the influential UK-wide Lambert Review of Business-University Collaboration. This outlines how institutions are working together to ensure a faster flow of knowledge and ideas from Scotland's science base into the business community.

As part of a range of actions identified in the report, Mr Wallace welcomed increased funding for knowledge transfer activity in universities. The Scottish Higher Education Funding Council (SHEFC) Knowledge Transfer Grant is to rise from £12.5 million in 2005/06 to at least £15.5 million in the following two years, an increase of over 20 per cent in real terms. This money helps researchers at Scottish universities turn their projects into commercial realities.

He also welcomed the involvement of Technology Ventures Scotland in helping to engage industry in driving this agenda forward.

The Minister for Enterprise and Lifelong Learning said:

"Harnessing innovation and discovery is key to our future economic success.

"Our universities are highly competitive in terms of their research but the focus for many academics lies in the research itself - rather than the further exploitation of its commercial potential. On the other hand, businesses are often taken up with day-to-day concerns and may not seek out university research teams to see how they can help maintain their competitive edge through research and development.

"Richard Lambert looked at these issues in detail in his Review and recommended a range of actions by business, universities and public support agencies. I'm pleased the Executive can publish a Scottish response today after wide discussion with interested parties, which has been informed both by Lambert and by the UK Government's earlier report.

"The funding for university knowledge transfer activity complements our pipeline of support available for commercialisation activities, and supports the drive to boost low business R&D in Scotland. Links between universities and businesses are improving - but can and should go further and faster.

"I am pleased that Technology Ventures Scotland will be helping to take forward the dialogue between business and the higher education sector, and in promoting activity on innovation."

The bulk of SHEFC's knowledge transfer activity is promoted through its Knowledge Transfer Grant scheme, which started in 2002 with an initial £6 million budget. Types of projects that may receive funding include: training academic staff to increase awareness of commercial opportunities and business processes, secondments of industry experts to universities, and developing databases and websites to market the expertise and facilities at universities. Further information is available at http://www.shefc.ac.uk/

The Lambert Review of Business-University Collaboration was commissioned by the Chancellor in the 2002 Pre-Budget report with a remit to examine how the links between universities and businesses in the UK could be improved. The Review was led by Richard Lambert, member of the Bank of England's Monetary Policy Committee and former editor of the Financial Times. The final report was published in December 2003.

The UK Government published its response to the Lambert Review in July 2004 as part of the Spending Review in the Science and Innovation Investment Framework 2004-2014.

The report was developed in consultation with a forum of interested parties including the Enterprise Networks, the Scottish Higher Education Funding Council (SHEFC), Universities Scotland, CBI and representatives from Scottish universities. This forum considered both the Lambert Review and the response by the UK Government and discussed the relevance of each to the situation in Scotland. The forum also sought to identify issues that from a Scottish perspective were not covered, or covered inadequately, by Lambert but which are of particular relevance to Scotland, and any actions that should be taken on these.

Technology Ventures Scotland (TVS) is a national initiative set up to encourage the commercialisation of Scotland's science and technology base. The TVS Advisory Board, chaired by John McClelland, has senior representation from industry, academia and government agencies. For further information, see www.technologyscotland.org

Page updated: Monday, March 21, 2005