Magazine article The Times Higher Education Supplement : THE

Think Small to Boost National Productivity, Academy Advised: News:globaluniversitysummit2013

Magazine article The Times Higher Education Supplement : THE

Think Small to Boost National Productivity, Academy Advised: News:globaluniversitysummit2013

Article excerpt

UK universities must improve the way they collaborate with small businesses or risk stifling national productivity, an expert has warned.

Sir Richard Lambert, former director general of the CBI and current chancellor of the University of Warwick, said UK institutions had fallen behind their European neighbours in terms of how they engage with small companies, thus jeopardising innovation.

Speaking at the Global University Summit 2013, Sir Richard said it was "much easier" for large firms to collaborate with UK universities because "they know where the talent is, they know about intellectual property protocols ... It's a much harder story to reach out to smaller firms, partly because (they) tend not to know where the front door of the university is, partly because they have been so busy keeping alive in difficult times that they haven't had the time to go and look for research efforts."

He told Times Higher Education that if more small and medium-sized enterprises engaged with higher education, the UK would "move up the innovation league tables", adding that innovation is "the key to productivity growth". …

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