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Scotland: Towards the Knowledge Economy
 
introduction
 
In January this year Lord Macdonald, the Minister for Business and Industry at The Scottish Office announced to the Scottish Grand Committee that he was setting up a Knowledge Economy Taskforce (KETF) to examine four issues. The outputs should be:
  • a possible framework for the commercialisation of research, building on the existing work within universities and other higher education institutions coupled with a refocusing of the Technology Ventures Initiative;
  • recommendations on refining or developing academic incentive and career structures within higher education institutions to remove barriers to all forms of industrial collaboration, to improve its esteem and ensure Scotland gets maximum economic benefit from the practical application of its outstanding range of high quality research;
  • a framework within which higher education institutions and research institutes can assist with the development and implementation of Scottish Enterprise's cluster plans for key industries in which companies and public bodies will collaborate; and
  • a blueprint that Scottish universities could adopt, if they wished, for a collaborative bid under the Government's Science Enterprise Challenge for a single entrepreneurial "Centre for Enterprise" serving all of Scotland.
 
The taskforce met on four occasions in February and March to consider papers generated by The Scottish Office, Scottish Enterprise, the Committee of Scottish Higher Education Principals and the Scottish Higher Education Funding Council bearing on these issues. It also benefited from the pro- bono advice of consultants PricewaterhouseCoopers and Booz, Allen and Hamilton.
 
The four related topics covered by the report are central to the theme of exploiting the knowledge created in Scottish higher education institutions for the benefit of our economy.
 
The first topic deals with the exisiting national framework for encouraging commercialisation.
 
The second considers the barriers at an institutional level and how they might be mitigated.
 
Both topics come together in considering how our higher education institutions and research institutes can become a part of the cluster strategy.
 
Finally, the report considers how Scotland could benefit from a national centre that would assist individual institutions in commercialisation and act as a centre for entrepreneural education.
 
This report is written primarily as a source for practitioners and for interested members of the Scottish Parliament. The report brings together much of the current activity and thinking in this field as an aid to discussion of future strategy. From 1 July 1999, of course, powers relating to the responsibilities of SE and SHEFC will be devolved to the Scottish Parliament.3
 
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