UK
innovation policy documents and reports |
| DTI
Five Year Programme: Creating Wealth from Knowledge (2004) |
Science, innovation and technology will be the key
to Britain's future industrial success, the Prime Minister and Patricia
Hewitt said at launch of this programe (on 17/11/04).
The programme maps out 'a new industrial policy' with a clear ambition
to make Britain the most attractive place in the world for scientific
research. |
| Lambert
Review of University-Business Interactions - Final Report (2003) |
The Lambert Review was commissioned by
HM Treasury, the Department for Education and Skills and the Department
for Trade and Industry in November 2002 to look at the interactions
between Britain's strong science base and the business community.
More information at the Lambert
review website. |
| DTI
Innovation Report - Competing in the Global Economy: The Innovation
Challenge (2003) |
The Report looks at the contribution
that innovation can make to driving up UK productivity and to achieving
the vision of the UK as a key knowledge hub in the global economy.
Building on progress made in previous innovation-focused white papers
it proposes action on those policies that will encourage UK businesses
to increase their investment in new products and services with the
aim of continuously increasing the value added. |
| Science
and innovation: working towards a ten-year investment framework -
DfES / DTI / HMT (March 2004) |
This provides the framework for UK science
and innovation over the next decade, in particular their contribution
to economic growth and public services, and the attributes and funding
arrangements of a research system capable of delivering this.
|
The
Frontiers of Innovation: Wealth Creation from Science, Engineering
and Technology in the UK (2004)
|
Report of a Group chaired by Sir Peter Williams, Chairman
of the Engineering & Technology Board |
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Selected research papers, reports and surveys
NOTE: Where reports are openly available,
we have provided direct links to them. In other cases, reports can
be accessed via on-line databases such as www.ebscohost.com. |
| Title (Citation+link) |
Abstract |
| Shane,
Scott (2004), "Academic entrepreneurship: University spinoffs
and wealth creation", Edward Elgar, Northampton MA |
Key academic text addressing points including: Why
do university spinoffs matter?; University spinoffs in historical
perspective; Variation in spinoff activities across institutions;
environmental influences on spinoff activity; Types of technology
that lead to university spinoffs; The industries where spinoffs occur;
The role of people in university spinoffs; The process of spinoff
company creation; The process of spinoff development; The financing
of university spinoffs; The performance of university spinoffs; and
the problems with university spinoffs. |
| Charles,
D. and C. Conway (2001). "Higher education business interaction
survey", A report by the Centre for Urban and Regional Development
Studies, University of Newcastle upon Tyne, www.hefce.ac.uk. |
The survey and this report were commissioned by the
Higher Education Funding Council for England on behalf of a wider
group of stakeholders, including the Department of Trade and Industry/Office
of Science and Technology (DTI/OST), the Department for Education
and Skills (DfES), and the other UK higher education funding bodies.
The survey and report were produced by CURDS and the conclusions and
recommendations are those of the authors. |
| HEFCE
(2003). "Higher education business interaction survey 2000-1",
www.hefce.ac.uk. |
This report analyses the results of the 2002 Higher
Education-Business Interaction (HE-BI) survey for UK higher education
institutions (HEIs). It is a follow-up to a similar survey in 2001,
and demonstrates widespread improvement in interaction between the
higher education sector and business, compared with 1999-2000. These
surveys may form the basis of an annual information request from HEIs
to identify trends in interaction with business. |
| HEFCE
(2004). "Higher education business interaction survey 2001-2",
www.hefce.ac.uk. |
This report analyses the results of the 2003 higher
education-business interaction survey for UK higher education institutions.
It is the third annual survey of its kind. The 2003 survey shows continuing
improvement in interactions between higher education and business
by almost every indicator. This year some of the results are broken
down by region as well as by nation. |
| HEFCE (2005) "Higher
education-business and community interaction survey, 2002-03",
www.hefce.ac.uk |
This report analyses the results of the 2004 higher education-business
and community interaction survey for UK higher education institutions.
It is the fourth annual survey of its kind. The 2004 survey shows
continuing improvement in interactions between higher education and
business by almost every indicator. |
| Wright, M., A.
Vohora and A. Lockett (2002). "Annual UNICO-NUBS survey on university
commercialisation activities: Financial Year 2001", UNICO / NUBS.
|
This survey of university technology transfer conducted by Nottingham
University Business School in collaboration with UNICO and financed
by the Economic and Social Sciences Research Council with support
from Grant Thornton provides the most authoritative evidence to date
on the extent of activity in this area in the UK to date. |
| Wright, M., A.
Vohora and A. Lockett (2003). "Annual UNICO-NUBS survey on university
commercialisation activities: Financial Year 2002", UNICO / NUBS.
|
This survey of univeristy commercialisation actvities conducted
by Nottingham University Business School in collaboration with AURIL
and UNICO provides the most authoritative evidence to date on the
extent of activity in this area in the UK. |
| Association of University
Technology Transfer Managers (AUTM) Licensing Surveys 1991 - 2003 |
The AUTM Licensing Survey reports the numbers of
invention disclosures, patents and patent applications, licenses,
income and startup company formations in North America. |
| Why do some universities generate
more start-ups than others?
(Di
Gregorio, D. and S. Shane (2003). "Why do some universities
generate more start-ups than others?" Research Policy 32(2):
209-227.) |
The results of this study provide insight
into why some universities generate more new companies to exploit
their intellectual property than do others. We compare four different
explanations for cross-institutional variation in new firm formation
rates from university technology licensing offices (TLOs) over the
1994-1998 period--the availability of venture capital in the university
area; the commercial orientation of university research and development;
intellectual eminence; and university policies. The results show that
intellectual eminence, and the policies of making equity investments
in TLO start-ups and maintaining a low inventor's share of royalties
increase new firm formation. The paper discusses the implications
of these results for university and public policy. |
| Critical junctures in the development
of university high-tech spinout companies
(Ajay
Vohora, Mike Wright and Andy Lockett, (2004), Critical junctures
in the development of university high-tech spinout companies, Research
Policy, Volume 33, Issue 1, January 2004, Pages 147-175)
|
This paper investigates the development
of university spinout companies (USOs). Employing a case-based research
method, our study found that there are two important elements in their
development. First, USOs go through a number of distinct phases of
activity in their development. Each venture must pass through the
previous phase in order to progress to the next one but each phase
involves an iterative, non-linear process of development in which
there may be a need to revisit some of the earlier decisions and activities.
Second, at the interstices between the different phases of development
we found that ventures face "critical junctures" in terms of the resources
and capabilities they need to acquire to progress to the next phase.
The different phases are critical as these ventures cannot develop
into the next phase without overcoming each of the junctures. We identify
four different critical junctures that spinout companies need to overcome
if they are to succeed: opportunity recognition, entrepreneurial commitment,
credibility and sustainability. |
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Organisations and networks |
| Association
of University Research and Industry Links (AURIL) |
AURIL is a growing network of professionals
dedicated to the development of partnerships between higher education
and industry to support innovation and competitiveness. |
| Association
of University Technology Managers (AUTM) |
AUTM ® is a nonprofit association
with membership of more than 3,200 technology managers and business
executives who manage intellectual property-one of the most active
growth sectors of the U.S. economy. AUTM's members represent over
300 universities, research institutions, teaching hospitals and a
similar number of companies and government organizations. |
| British
Council Guide to the Organisation of UK Science, Engineering and Technology |
As well as offering a comprehensive picture of the
way in which science and technology is organised in the UK, this guide
provides links to the websites of all of the organisations listed,
to enable you to find out more about opportunities in UK science.
|
| Gatsby /SPRU
Fellowship on Technology Transfer |
The Gatsby Charitable Foundation awarded SPRU and
CENTRIM a four-year fellowship on university-industry technology transfer.
The main objectives of this research programme are to improve our
understanding of university-industry technology transfer processes
and contribute directly to the technology transfer activities of participating
universities. |
| UK Office
of Science and Technology (OST) |
The Office of Science and Technology
leads for Government in supporting excellent science, engineering
and technology and their uses to benefit society and the economy.
|
| University
Companies Association (UNICO) |
UNICO provides a forum for exchange and
development of best practice. Member companies transfer technology
and expertise through the formation of Spin-out companies, licensing,
consultancy, training, design and development projects, contract research,
testing and evaluation, and problem solving. |
| PRAXIS |
Praxis is a national training programme
aimed at technology transfer professionals working in universities,
research institutions and industry. |
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Summaries of TEG and related events on technology
transfer |
| TEG
Seminar 4th November 2004: "More than money: The reality of seed
stage venture capital and the growth of new technology ventures" |
Martin Rigby (Managing Director of ET Capital)
summarised the role of early stage venture capital for technology
firms in the UK.
Martin’s presentation began with a positioning
of venture capital within the financial services industry, as one
of the ‘alternative asset classes’ that includes hedge
funds and derivatives. The broad spectrum of equity investments
(or purchasing of company shares) can be split into two categories:
venture capital and private equity .
The pressure that is now placed on venture capital funds was then
highlighted, stressing the challenges on fund managers that include:
the need to deliver strong cash to cash performance (measured through
the fund’s internal rate of return, or IRR) – and hence
the need to focus on the ‘liquidity event’ (trade sale,
floatation, redemption) that converts the equity back into cash;
shorter timescales demanded [More>>] |
| TEG
Seminar 21st September 2004 - "Customer-focused technology transfer:
Evidence from the London Technology Network and Cambridge Computer
Lab Ring" |
The London Technology Network ('LTN') is a government-funded
initiative that aims to improve the profitability and efficiency of
business by creating links between industry and London-based academia.
Its mission is to help technology-intensive companies be more effective
and efficient in their knowledge acquisition from London's universities.
Matt Schofield (who did his PhD at IfM) will present an overview of
how LTN operates and describe the metrics used to ensure that LTN
activities are effective and deliver real value. For background on
the LTN, please see http://www.ltnetwork.org/
The Cambridge Computer Lab Ring is a not-for-profit independent members'
association that campaigns on behalf of Cambridge computer scientists
to build the Cambridge community in computing. It was launched in
October 2002 to provide computer laboratory graduates with a lifetime
benefit from their Cambridge degree. Membership has grown to over
370. The Computer Lab has spawned over 116 new businesses. See http://www.camring.ucam.org/
[More>>]
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| Cambridge
University Local Industry Links Seminar 28th April 2004 - "How
can businesses get best value from universities?" |
This seminar focused onto a series of issues relating
to how universities and businesses can work together most effectively.
Chaired by Professor Mike Gregory of the Institute for Manufacturing,
three presentations provided differing perspectives on this theme.
The first presentation was from Professor Ian Leslie who provided
the view from Cambridge, a university that has diverse and substantial
linkages with businesses from local start-ups to multinational corporations.
Professor Koenraad Debackere then shared the experience from Katholieke
Universiteit Leuven, Belgium, a long established and leading research
university that successfully balances education, research and substantial
commercial application. Mindy Wilson then provided the view of the
U.K. business community from her standpoint as Head of Business Performance
at the Confederation of British Industry [More>>].
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