3 NG Universities and Knowledge Transfer2 tcm18 68

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