Latest: Read good practice in technology transfer
The McMillan group have reported on good practice in technology transfer: the processes of exploiting university intellectual property through spinning out companies or licensing.
About the framework
The framework is intended to increase efficiency and effectiveness in use of public funding for knowledge exchange (KE), and to further a culture of continuous improvement in university KE. It aims to address the range of different KE activities.
HEFCE is working with various stakeholders on the framework including HEIs, Universities UK, Auril, PraxisUnico and other KE professional bodies, NCUB, research councils and Innovate UK.
We are discussing with stakeholders the form that the framework may take.
Why we are developing the framework
The Government has asked HEFCE to lead on developing the knowledge exchange performance framework.
HEFCE was initially asked to develop the framework in the Government’s science and innovation strategy, 'Our plan for growth: Science and innovation' in December 2014. The framework was confirmed as an important priority in the HE white paper ‘Success as a knowledge economy: teaching excellence, social mobility and student choice’ in May 2016, as part of the Government’s response to the Dowling Review of Business-University Research Collaborations.
Activity to develop the framework
KE framework champion
HEFCE asked Professor Trevor McMillan, the Vice-Chancellor of Keele University, to act as the KE framework champion, overseeing the programme of work from the perspective of university leadership.
McMillan review of good practice in technology transfer
As part of the framework development, Professor McMillan chaired a university review group to look at technology transfer practice, which reported in September 2016.
Good practice and benchmarking knowledge exchange
HEFCE is focussing on good practice materials and KE benchmarks when developing the framework. In 2015, HEFCE invited institutions to provide examples of good practice materials. We have commissioned Research Consulting to undertake a more extensive review of good practice materials and we have commissioned IP Pragmatics to look more extensively at benchmarking. We expect to publish reports and more details on next steps in summer 2016.