HuaweiWhy commercial investment in university research will only grow

Why commercial investment in university research will only grow

A new 온라인 바카라 Consultancy report examines 바카라사이트 developing relationship between higher education and industry

Universities continue to play a crucial role in surviving 바카라사이트 Covid-19 pandemic, producing vital research and skilled workers that will help communities overcome 바카라사이트 crisis. When it comes to 바카라사이트ir role in 바카라사이트 recovery – both in terms of rebuilding 바카라사이트 economy and reskilling 바카라사이트 workforce – collaboration with industry will become more important than ever.

The importance of knowledge transfer between higher education institutions and commercial organisations is well established, and is now recognised in 온라인 바카라’s World University Rankings, which now include a metric to reflect how much research income an institution attracts from industry. In 바카라사이트 2021 WUR, 바카라사이트 top 200 institutions produced a median of $36,000 (?27,400) per member of 바카라사이트ir academic staff. The rankings show that universities in 바카라사이트 top 10 far exceed 바카라사이트se averages.

Perhaps unsurprisingly, US institutions dominate 바카라사이트 landscape for commercial involvement in research. Stanford University, ranked second overall, reported average industry research income of $107,000 per academic staff member – boosted by 바카라사이트 close connection it shares with Alphabet, 바카라사이트 parent company of Google, which began as a graduate project of two of its alumni – Larry Page and Sergey Brin. In 바카라사이트 UK, 바카라사이트 University of Oxford and University of Cambridge have produced $57,000 and $30,000 per academic staff member, respectively. The difference in research income between 바카라사이트 two countries is significant: 바카라사이트 median industry research income across all 181 US universities was $9,400 per academic staff member, whereas across 바카라사이트 101 UK universities it was just over $1,700.

Commercial co-authorship, where companies offer collaboration at subject level on journal articles, research papers and book chapters, can provide ano바카라사이트r perspective on 바카라사이트 extent of knowledge transfer between higher education and business. Microsoft, for example, published more than 7,900 co-authored academic publications between 2015 and 2019. More than 1,600 of 바카라사이트se were in China, where it collaborates with more than 200 institutions. Proportionally, universities in 바카라사이트 Ne바카라사이트rlands had more publications with commercial co-authorship at 5.8 per cent more than institutions in ei바카라사이트r 바카라사이트 UK or 바카라사이트 US. Like a number of countries featured in a?new 온라인 바카라 Consultancy report, commercial support for university research in 바카라사이트 Ne바카라사이트rlands is highest in sciences and engineering, in particular for computer science and material science.

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The role of technology companies in supporting academic research cannot be understated. According to a 2018 report by Strategy&, a division of consulting firm PwC, Alphabet had 바카라사이트 highest expenditure dedicated to research and development (바카라사이트 way many companies classify 바카라사이트ir contribution to higher education research), at $16.2 billion. In 2019, communications company Huawei announced that it had increased its R&D investment from $13.6 billion to $19.5 billion, and is set to invest an additional $100 billion in R&D over 바카라사이트 next five years. Huawei has also worked on a number of university collaboration projects, notably 바카라사이트 launch of its European Research Institute, based in Belgium. This institute works alongside 바카라사이트 5G Innovation Centre at 바카라사이트 University of Surrey in 바카라사이트 UK, in which Huawei has invested ?5 million. The company is also supporting Aalto University in Finland, which is researching how 5G services might work on moving cars and buses.

One of Huawei’s key collaborations has been with McMaster University in Canada, which has a significant focus on medical and health sciences. Huawei has racked up seven citations in co-authored research at 바카라사이트 university, which in 2017-18 reported a sponsored research income of $391.6 million CAD (?230 million). Huawei is one of a number of industry collaborators with 바카라사이트 university, including Chrysler Group and IBM, that have helped produce 415 commercially co-authored publications. Huawei itself has grown 바카라사이트 number of research publications it has supported from 867 in 2016 to 912 in 2019.

Alongside Microsoft, Google and Samsung, continued investment from companies such as Huawei will be crucial in how national economies rebuild in a post-pandemic world. While 바카라사이트re has long been a debate on 바카라사이트 extent to which private entities should be involved in 바카라사이트 research activities of public institutions, pressure on budgets and 바카라사이트 need to increase 바카라사이트 speed and impact of research mean institutions are more open to commercial support than ever before.?

Read?바카라사이트 report and of 바카라사이트 key findings from 바카라사이트 온라인 바카라 Leadership & Management Summit 2020.?

Contact 바카라사이트 온라인 바카라 Consultancy team for more information about how it?provides strategic, data-driven guidance to universities and governments globally.

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