Featured Research

from universities, journals, and other organizations

Business getting the most from research

Date:
November 9, 2010
Source:
Economic & Social Research Council
Summary:
Management and business performance, rather than technological innovation, is the main focus for companies collaborating with universities, according to a major survey of businesses. The survey shows that collaborations are primarily based on problem solving, people- or community-based interactions rather than technology transfer.

While policy and research traditionally have focused on universities' contributions to technology transfer -- such as patents, licences and spin-outs -- the findings show that the impact from knowledge exchange is much more wide-ranging. Survey data revealed that business motivations to enter into partnerships with researchers include service development, human resource management, training and marketing.

"Our findings show that technology transfer is important, but this presents an incomplete representation of the wide process of knowledge exchange that takes place between academics from all disciplines with partners in the private, public and third sector including charities, voluntary organisations and social enterprises," researcher Michael Kitson points out.

"We believe it is also necessary to focus on the more diverse and varied impacts of business-university knowledge exchange relations. These include a range of people-based, problem-solving and community-orientated activities. The importance of diversity is also apparent. We found that different universities have different strengths and impacts on local and regional development," he adds.

The survey is part of a research project examining business-university knowledge exchange partnerships, their effectiveness and regional impact. As well as the business survey, which generated over 2,500 responses, the research included an academic survey with over 22,000 responses and several case studies. The survey of academics shows that the knowledge exchange activities had significant positive impacts on research and teaching.

Knowledge exchange collaborations were not concentrated in specific UK areas, but evenly distributed across the country. For companies entering a partnership there is frequently a trade-off between choosing nearby research centres and personal contact, or institutions further away offering more specialised expertise.

Barriers to collaborations were also identified in the research. Major business constraints were lack of resources, lack of supporting policy programmes to encourage interactions, difficulty in identifying partners and insufficient benefits. However, cultural barriers between business and academia or problems with intellectual property were not seen as major problems. Academics identified a similar pattern of constraints, the most important being lack of time, bureaucracy and insufficient rewards.

"Although the evidence from our survey shows that academics are engaged in a wide range of knowledge exchange activities, it also suggests some areas for caution," Mr Kitson says. "Major constraints include a lack of time and resources to initiate and manage interactions. What is needed are more boundary spanning individuals and organisations that can help connect academia with the business and public sectors. The recently announced initiative by the Government to build technology and innovation centres should help to enhance this connectivity and improve economic growth in the future."


Story Source:

The above story is based on materials provided by Economic & Social Research Council. Note: Materials may be edited for content and length.


Cite This Page:

Economic & Social Research Council. "Business getting the most from research." ScienceDaily. ScienceDaily, 9 November 2010. <www.sciencedaily.com/releases/2010/11/101109214356.htm>.
Economic & Social Research Council. (2010, November 9). Business getting the most from research. ScienceDaily. Retrieved July 28, 2014 from www.sciencedaily.com/releases/2010/11/101109214356.htm
Economic & Social Research Council. "Business getting the most from research." ScienceDaily. www.sciencedaily.com/releases/2010/11/101109214356.htm (accessed July 28, 2014).

Share This




More Science & Society News

Monday, July 28, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

$15B Deal on Vets' Health Care Reached

$15B Deal on Vets' Health Care Reached

AP (July 28, 2014) A bipartisan deal to improve veterans health care would authorize at least $15 billion in emergency spending to fix a veterans program scandalized by long patient wait times and falsified records. (July 28) Video provided by AP
Powered by NewsLook.com
The Carbon Trap: US Exports Global Warming

The Carbon Trap: US Exports Global Warming

AP (July 28, 2014) AP Investigation: As the Obama administration weans the country off dirty fuels, energy companies are ramping-up overseas coal exports at a heavy price. (July 28) Video provided by AP
Powered by NewsLook.com
Russia Saves Gecko Sex Satellite, Media Has Some Fun With It

Russia Saves Gecko Sex Satellite, Media Has Some Fun With It

Newsy (July 27, 2014) The satellite is back under ground control after a tense few days, but with a gecko sex experiment on board, the media just couldn't help themselves. Video provided by Newsy
Powered by NewsLook.com
Cellphone Unlocking Bill Clears U.S. House, Heads to Obama

Cellphone Unlocking Bill Clears U.S. House, Heads to Obama

Reuters - US Online Video (July 27, 2014) Congress gets rid of pesky law that made it illegal to "unlock" mobile phones without permission, giving consumers the option to use the same phone on a competitor's wireless network. Mana Rabiee reports. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins