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Higher Education – Business and Community Interaction Survey

This analysis by HEFCE of the twelfth annual Higher Education – Business and Community Interaction (HE-BCI) survey shows that the total value of the services that UK universities provide to the economy and society increased by 4 per cent to £3.4 billion in 2011-12, from £3.3 billion in 2010-11.

Universities in the UK contributed £3.4 billion to the economy in 2011-12 through services to business, including commercialisation of new knowledge, delivery of professional training and consultancy.

Key findings of this year’s survey:

• Particularly significant is the 11 per cent increase in activity benefitting small and medium-sized enterprises, which gain a competitive advantage from their association with universities – for example through access to specialist knowledge (via consultancy) or facilities (such as rapid prototyping or computer-aided design).

• Engagement with large businesses increased by around 5 per cent overall, including a notable rise (6 per cent) in contract research income, from £343 million in 2010-11 to £365 million in 2011-12. This not only shows UK higher education institutions responding to the needs of business at home, but investment from overseas seeking to take advantage of the UK's world-class research.

• Public and third-sector organisations also increased their engagement with universities (by 5 per cent overall) for research, consultancy, training and access to intellectual property.

Author(s): HEFCE

Other Publishers: Department for Business, Innovation & Skills (BIS), Scottish Funding Council (SFC), Higher Education Funding Council for Wales (HEFCW), Department for Employment and Learning (DELNI)

Production date: 2013

How to obtain: Download Higher Education – Business and Community Interaction (HE-BCI) 

Communities: Research, Recruiters and Partners

Audiences: Academics, Careers practitioners

Format: Web


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Tags: knowledge exchange entrepreneurship enterprise CPD business SMEs contract research staff public sector third sector wilson review

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