UK Universities focus on delivery and spur economic growth

Innovate 2011v4
Universities earn over £4bn working with the wider world,  through knowledge exchange between UK universities and the public, private and third sectors.   The annual Higher Education, Business and Community Interaction (HE-BCI) Survey is the most accurate picture of UK higher education institutions’ commercial relationships.
UK performance is world leading. Comparisons demonstrate that the return on investment from commercialisation of research (sale of equity) is higher in the UK than in the USA or Japan and engagement with industry (proportion of research income) is at similar levels either side of the Atlantic.