Knowledge exchange activity worth £3 billion

Value of contract research on the rise at English universities, according to Hefce report

May 29, 2014

The value of knowledge exchange activities at English universities increased by about £1 billion in real terms between 2003-04 and 2011-12, data from the Higher Education Funding Council for England suggest. Knowledge exchange was worth almost £3 billion in 2011-12, up from just under £2 billion in 2003‑04.

The largest proportion of knowledge exchange funding comes from contract research, and the value of this to universities is on the rise. Contract research generated about £300 million more in total for institutions in 2011-12 than it did in 2003-04, according to Hefce’s Annual Reports and Accounts 2013-14.

Other significant knowledge exchange income streams include collaborative research projects, continuing professional development activities and consultancy.

holly.else@tsleducation.com

Times Higher Education free 30-day trial

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments