The economic impact of research conducted in Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« universities
10 June 2010
This report focusses on the benefits of university research to new and existing businesses, and shows how that research serves as a platform for economic growth in the UK.
It demonstrates how Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« research has brought new knowledge and new perspectives to university-business partnerships, helping businesses to innovate.
Research has informed the education and training of highly-skilled graduates and postgraduates, giving them the qualities which will be needed by UK businesses to stay ahead of the competition.
It has shaped the development of new products and services within UK industry, and helped to improve businesses’ strategy, management, and productivity.
In some cases, often when least expected, research within Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« institutions has led to truly world-changing discoveries, offering the potential to revolutionise whole areas of healthcare, technologies, or our society. These breakthroughs have sometimes led to substantial revenues for universities and for the UK economy. A sample of such breakthroughs included in this report generated combined wealth of almost £2 billion.
The economic impact of research conducted in Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« universities
This report focuses on the benefits of university research to new and existing businesses, and shows how that research serves as a platform for economic growth in the UK.
Download (PDF, 6.2MB)This is the first part in a series on the impact of research from Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« universities. You can also read The social impact of research conducted in Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« universities (2012) and Engines of growth: The impact of research at Ïã¸Û±¦µäÃâ·Ñ×ÊÁÏ´óÈ« universities (2015).Ìý
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Hamir Patel
hamir.patel@russellgroup.ac.uk
020 3816 1316
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Stephanie Smith
020 3816 1310