New information issued lately exhibits that regardless of the disruption attributable to the Covid-19 pandemic, collaboration between universities and enterprise remained resilient between August 2020 and July 2021.
The Increased Training Enterprise Group and Interplay (HE-BCI) survey outcomes launched right now present that between August 2020 and the tip of July 2021:
- UK college earnings from interactions elevated by 1.6%, in comparison with the earlier 12 months, totalling £5.16 billion;
- 3,337 patents have been granted, up by 8.8% from 2019-20;
- 18,396 licenses have been granted, up by 4.6% from 2019-20;
- 194 newly registered spinouts, up by 11% from 2019-20.
Commenting on the brand new HE-BCI survey outcomes launched right now, Dr Joe Marshall, Chief Govt of the Nationwide Centre for Universities and Enterprise (NCUB), mentioned:
“Regardless of dealing with monumental and unprecedented uncertainty, university-business collaboration within the UK deepened and intensified within the first 12 months of the Covid-19 pandemic. New information launched right now exhibits that, regardless of challenges, throughout a spread of indicators universities have ramped up engagement with enterprise and commercialisation actions. Specifically, HE-BCI information exhibits a big improve within the variety of newly registered spinouts, in addition to a optimistic development within the variety of patents and licenses granted. Collaboration between universities and companies was foundational and central in combatting the disaster and main restoration.”
Marshall continued:
“Nonetheless the complete image does reveal regarding findings. As anticipated, as a result of affect of Covid-19, interactions with small and medium-sized enterprises (SMEs) fell in the course of the first 12 months of the pandemic. Certainly, SME engagement fell by 2.5% between 2020-21 and 2019-2020. That is the second 12 months operating that this has been recorded. As a way to reverse this worrying development, and to assist construct again higher, we’re calling on the Authorities to supply extra help for SMEs to entry universities. New funding streams ought to be launched and clear and accessible routes to companion with universities ought to be developed. Now could be the time for the Authorities, companies and universities to spend money on, not away from, collaboration, analysis and innovation.”
