It is a leitmotiv that public services must be efficient: they are expected to be ‘market oriented’, ‘entrepreneurial’, and ‘financially sustainable’. Universities are not an exception in this respect, since they are asked to perform, to be accountable to several stakeholders, and to stand out in international rankings and in national evaluation exercises to top up one’s credibility and […]
The concept of open innovation is one that is growing in acceptance, with a recent report revealing that nearly 80 percent of companies are regularly engaged with external partners in their innovation work. Despite this apparent willingness and high levels of R&D spending, a recent paper reveals that academics are seemingly missing out on the action, as they spend less […]
The UK is a world leader in research, home to a plethora of internationally acclaimed companies, and has contributed life-changing technologies and products to the global market. However, a historic lack of collaboration and understanding between centres of research excellence and business has seen the UK fail to bring to market some innovations with the potential for explosive growth.