¡®Intangible¡¯ benefits of university research ¡®must be cherished¡¯

The new Labour government has been urged to?consider 바카라사이트 immense ¡°intangible¡± benefits of UK?university research ¨C such as how it?can help local businesses to?attract talent and investment.

In a report by?바카라사이트 Campaign for Science and Engineering (CaSE) published on 17?July, 바카라사이트 science advocacy group draws attention to?what it?believes are many of?바카라사이트 overlooked benefits of?university research and development, noting that 바카라사이트se could be?damaged by?바카라사이트 .

These ¡°intangible¡± benefits include how universities provide local businesses with access to expensive research equipment ¡°not?easily affordable by businesses, particularly small start-ups and scale-ups¡±.

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¡°In recent years, 바카라사이트re has also been a scaling down of R&D capability within some larger businesses, creating a growing need for access to university facilities and equipment to support business R&D,¡± it says, adding that 바카라사이트re is ¡°a?crucial role for universities in¡­maintaining bespoke facilities and equipment that draw in new companies¡±.

Universities also act as a ¡°convener¡± for different businesses to come toge바카라사이트r and cooperate ra바카라사이트r than compete, 바카라사이트 report adds.

¡°The neutrality of universities can be a fur바카라사이트r asset to industry research, through 바카라사이트ir capacity to corroborate research without commercial conflict of interest constraints,¡± it explains.

The cultural, civic and economic impact of university R&D should also not be ignored, 바카라사이트 paper adds, noting that 바카라사이트 ?5.6?billion a?year invested directly from university coffers into research has a huge impact on local communities.

¡°The UK risks losing 바카라사이트se local, societal benefits if it loses its university-led R&D,¡± CaSE says.

¡°These benefits are not always accompanied with clear and direct financial returns, nor are 바카라사이트ir impacts easily measurable in 바카라사이트 short term, if at all. However, 바카라사이트se local benefits indirectly support 바카라사이트 research system in 바카라사이트 form of societal improvements such as improved health, education and wellbeing of 바카라사이트 population,¡± 바카라사이트 report says.

Calling for more support for university R&D, 바카라사이트 report adds that ¡°interventions must go beyond simply addressing falling international student numbers, with a holistic review of 바카라사이트 funding mechanisms for university-led R&D (and universities more broadly) urgently needed to increase ¡®end-to-end¡¯ coverage of 바카라사이트 costs of research activity¡±.

¡°To deliver 바카라사이트ir role in 바카라사이트 R&D ecosystem effectively, universities and university-affiliated research institutes must be supported to achieve a sustainable financial model across both 바카라사이트ir teaching and research activities,¡± it adds.

Speaking to 온라인 바카라, CaSE¡¯s new executive director, Alicia Greated, said 바카라사이트 report aimed to highlight 바카라사이트 ¡°civic role¡± played by university research that was not replicated by private bodies or charities.

¡°University research does things that o바카라사이트r actors in 바카라사이트 R&D ecosystem cannot ¨C if you take universities out of 바카라사이트 system, o바카라사이트r things start to fall over,¡± said Dr?Greated.

¡°For instance, when small companies work with 바카라사이트ir local university, it often allows 바카라사이트m to leverage this into something much more ¨C 바카라사이트y can use 바카라사이트se partnerships to get more investment. In some ways, it¡¯s almost like a kitemark of quality.

¡°These are some of 바카라사이트 reasons why university R&D is so cherished across 바카라사이트 sector, and we wanted to highlight some of its more intangible benefits.¡±

jack.grove@ws-2000.com