Commercial Enterprise and Knowledge Transfer
Issues: Taking intellectual, physical and accreditation assets to market
In line with the Government's "Reach Out" agenda, the University engages in a variety of enterprise and technology transfer activities. Significant growth has been achieved in both the breadth and depth of these activities over recent years but sustained effort will be required to continue this positive trend and meet the aims of this strategic plan. The University recognises that it has unique intellectual, physical and accreditation assets that can be blended to match the needs of the market sectors it serves. This matching provides the University with the opportunity to create technology and knowledge transfer mechanisms with the capability of generating high value business income. The mechanisms suitable for exploitation in both domestic and international markets are:
- Consultancy (includes Knowledge Transfer Partnerships (KTPs) and commercial research)
- Collaborative partnerships (i.e. with academic institutions)
- The Automatic: a facilitated environment for creativity and innovation
The University will continue to support actively the Government agenda on employability and industrial engagement. Commercial enterprise and knowledge transfer is seen as making an important contribution to this aim; as well as creating strong opportunities for employee engagement with industry in support of the WoW agenda.