Presentation Transcript
Universities and Knowledge Transfer: Universities and Knowledge Transfer Neil Gregory
Institute for Manufacturing
University of Cambridge
The Scary Bit: The Scary Bit What if everything gets made in China?
What if all services migrate to India
It wont happen…….but…….!!
Returns to Knowledge: Returns to Knowledge Dixons - £19.99
Returns to Knowledge: Returns to Knowledge Tarceva
So what do Universities do?: So what do Universities do? The Modern View – capture, collate then licence and sell knowledge
The Questions – Are they any good at it? More importantly does it drive innovation based wealth creation.
The Evidence: The Evidence 1.Levels of entrepreneurial activity in the UK lag Australia, US, Canada and Israel by some margin (Measure is Total Entrepreneurial Actvity - UK 5.5 per 100 inhabitants, Australia 9, USA 11, Canada 9 Israel 7)
(Global Entrepreneurship Monitor 2002)
The Evidence: The Evidence 2.In 2001 UK generated £8.4m licensing revenue for each £1bn spent on research, in Australia it was 31m in the US 43m and in Canada 19m.
(UNICO 2002)
Base Metal Into Gold – the M.I.T. Way: Base Metal Into Gold – the M.I.T. Way The reality - 1 ½% turnover from IPR
The culture – benign neglect of IPR and employment contracts.
Federal funding – Cold War
Science – The Endless Frontier –V. Bush.
Conclusion – Myth and reality differ.
Slide9: Research and Knowledge Transfer
The University exists to
Create knowledge
Disseminate knowledge
Slide10: Create Knowledge
Research
Disseminate Knowledge
Publication to peers
Teaching to students
and now KT to industry/society/economy
……We have a range of objectives
Slide11: Research and KT
KT has a range of objectives
….and a range of drivers
Create
Knowledge Disseminate Disseminate Research For
Public
Good For
Profit
Slide12: Examples
Profit - licensing to Pharma - equity in spin-outs
Public Good - helping students - helping SMEs
Research with Industry lies in the middle
Slide13: The Financial Profile
Return to University
£
Profit
Outreach KTG / EDA Contract
Research Outcome
Is there a better policy solution: Is there a better policy solution Remember the problem – stay rich in a world of increased competition, reduced cost and low communication costs
Have we really decided what we want from Research and Knowledge Transfer? Have we set up the right incentives?
Do we want: Do we want World Class
Research?
Innovation
Enterprise creation?
Wealth creation?
They each require different policy mixes