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MIT redefines regional innovation on its own terms: MIT REAP

During the past decades we have witnessed numerous regions across the world grappling with the challenges to shift from old industrial economies to regional innovation driven models to sustain their economic growth, and stay competitive in a global marketplace. Despite the many strategies implemented and investments made, the efforts of regions to make the leap only rarely turned into a success. Exceptions to the rule and world-known examples such as Silicon Valley, Singapore, and Tel Aviv ha [...]

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Collaboration Between Universities And Business: There Is A Larger Ecosystem To Consider

Last week the European Commission’s DG Education and Culture organised the 7th University-Business Forum. Together with my colleagues Todd Davey and Victoria Galan Muros we presented and discussed the outcomes of the largest study on the State of University-Bu [...]

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Siemens Strategic Approach to Research Cooperation with Academia Sets Their Future Agenda

Imagine having more than 30,000 researchers working within your organisation and having a budget for annual R&D of about €6.5 Billion! Well this is context for R&D at Siemens AG, one of the world’s largest electronics companies.

Whilst most of the internal research at Siemens is focussed on more immediate needs (or the business of today) like many large multinationals, Siemens engages with universities to investigate the business of tomorrow (or the day after tomorrow!).

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Clear The Path For Cooperating With Universities By Overcoming The Top Three Barriers

For business, cooperating with universities can be a frustrating process and be a struggle to achieve their desired outcomes.

The potential to access ground-breaking new research conducted, and technologies developed by the universities can be enticing, the ability to utilise student talent, and even access the opportunity to work with the next generation entering the workforce can provide companies with an advantage over competitors.

So with these sort of benefits on offer, wha [...]

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25 New Good-Practice Case Studies on University-Business Cooperation (UBC) in Europe and Beyond

Imagine an undergraduate learning environment where there are no exams, no classrooms, no teaching or teachers and no control over what students should learn. If this model seems somewhat futuristic, this educational model already has in fact a successful 23-year history in Finland. The case of Tiimiakatemia (English: Team Academy) is among 25 good practice case studies which have been recently published as part of the 2016/17 State of [...]

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With 880 licenced innovations and 110 spin-outs, Yissum is the commercialisation front-runner

The changing role of HEIs globally is challenging universities to translate their research efforts into innovation and marketable technologies. The efficiency, productivity, and success of such processes, however, largely depends on a complex number of interconnected factors. These factors include the quality and skill set of the staff, the product-market fit, and possessing sufficient financial resources to support transfer activities. However, for those institutions who manage to solve this [...]

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Motivations For Academics To Cooperate With Industry

Motivations predict behaviour[1] and the motivations for university-business cooperation have been a much-discussed topic in practical and policy forums the world over as well as in scientific literature. The questions so often asked include ‘how can we encourage academic and business people to cooperate more’ and ‘what motivates the different stakeholders to cooperate? With often vastly differing opinions expressed.

Some important [...]

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European Academics Say That They See Themselves As The Main Initiator Of UBC – Business Disagrees

Inarguably, university-business cooperation (UBC) has emerged as one of the main tools for effective knowledge transfer across research and business sectors. The collaboration between academia and industry focuses on practice-based research and the dissemination of research results to the industry, while benefiting both partners, fostering innovation and boosting regional development.

In a practical sense though, the question arises: who is responsible for initiating university-busines [...]

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Unleashing the Potential for University Driven Innovation Ecosystems

There is increasingly greater recognition of the potential for higher education institutions to not only be a key driver in the innovation and human capital supply chains of business, but also to be a key driver in the advancement of their regions. As the Director of the largest international study on the topic of university-business cooperation (UBC) and university engagement, Dr. Todd Davey’s keynote for the 2017 University Industry Interaction Conference is set to reveal key results fro [...]

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Developing university-business cooperation: Is more funding the answer?

In development circles, ‘the big push’, made famous by Jeffrey Sachs’ The End of Poverty, advocates substantial investment through a “comprehensive package of massive aid transfers and widespread reforms that aim to tackle multiple socio-economic pathologies quickly and simultaneously” [1]. This method has generated many critics for its inability to achieve development goals (e.g. alleviate poverty), whilst simultaneously requiring large [...]

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Study into University-Business Cooperation – Opinions Sought

Due to its potential for positive impact on business innovation and skills as well as university engagement and student employability, the European Commission has commissioned a wide-ranging study on cooperation between higher education institutions and public and private organisations in Europe.

Whether you have been involved in university-business cooperation or not, we request your participation to ensure its success and to be able [...]

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Dual Study Programmes and Entrepreneurship Helping Universities

With over 350 attendees, this European Commission’s Thematic UB Forum was one of the biggest yet. Gathering together European delegates around the topic of entrepreneurial universities, innovative businesses, strategic alliances, etc.

The forum opened by a number of inspirational speakers who have been personally involved in entrepreneurial ventures, including the US Ambassador for Austria, Alexa Wesner, and the State Secretary of the Federal Ministry of Science, Research and Economy [...]

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Success rates in Horizon 2020 – funding for all or only a selected few?

Over the past 40 years, there has been a tremendous focus on stimulating education, research and innovation in Europe. Lead by the European Commission, funding of these strategic areas have been through numerous EU Research Framework Programmes (FP1 – FP7), and through the current Horizon 2020 programme, the EU’s largest and most considerably funded research initiative to date. However, most of these funds seemingly go to a select few countries, organisations and people. Considering t [...]