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The establishment of such a centre was a key recommendation in Sir Tim Wilson’s review of business-university collaboration, published in February 2012. Today’s announcement coincides with the Government’s response to the Review in which ministers are expected to support the launch of such a centre.

The development of the National Centre reflects the recognition by university and business leaders that they need to do more together to address the challenges to the UK of immediate turbulence in the global economy and of longer-term competitiveness.

A high-level steering group, chaired by Sir Richard Lambert (the former Director-General of the Confederation of British Industry (CBI) and author of the influential 2003 review of links between higher education (HE) and business) and Professor Anton Muscatelli (the Principal of the University of Glasgow), will oversee development of a full business plan for the centre, with a view to getting a range of funders and sponsors on board to launch the centre fully in the Autumn.

The centre will publish an annual ‘State of the relationship report’ which is intended to become the premier influence on policy development in the area of HE-business links. It will also conduct enquiries into major matters of HE and business interest. This will include examining the impact of the new student funding and fees regime on graduate recruitment and the longer-term business workforce. The Centre will be on hand to offer services to HE and business, such as good practice developments and support in establishing international links.

Sir Richard Lambert, former Director-General, CBI said:

'The challenge to the UK of the rise of developing countries as knowledge economies is serious. In my 2003 review, I endorsed the vital importance of university-business partnerships. However, this is now combined with the more immediate need to get the UK into growth and recovery, and to make it competitive and resilient. Through the new centre, I want to commit businesses and universities to meeting these challenges – together – and to making Great Britain a great place for innovation.'

Dr David Docherty, Chief Executive, CIHE, said:

'The CIHE is committed to develop the relationships between universities and business. That is why we leapt at the opportunity presented to us by the Wilson Review. The new National Centre will become a key force in strengthening business-university co-operation and ultimately driving the economic recovery.'

David Sweeney, Director for Research, Innovation and Skills, HEFCE, said:

'HEFCE is very pleased to fund the initial development of the National Centre for Universities and Business, and we look forward to working with other funders to support the full venture.  This forms part of our long-term commitment to HE-business links, reflected particularly in the support we give for knowledge exchange through the Higher Education Innovation Fund. We look forward to new Centre providing further compelling evidence of why universities matter for the economic future of this country - and why they are a good investment towards growth, for the Government, as well as for business support.'

Professor Anton Muscatelli, Principal, University of Glasgow, said:

'The Lambert Review was a great spur to business-university partnerships and real progress has been made. However, we need to commit now to deepen that partnership and seize opportunities ahead. I am very pleased that leaders from universities and from business have agreed to put their time into getting this centre launched, as recommended by the Wilson Review. I look forward to working with partners, including all the various relevant funding bodies, universities and business, to establish this centre.'

Notes

  1. The centre is also supported by the Higher Education Funding Council for Wales, Scottish Funding Council and the Department for Employment and Learning (in Northern Ireland). HEFCE has agreed to provide funding for the development phase of the Centre, which will lead to production of a full business plan. A range of funders supporting the concept of the Centre will consider long-term funding on the basis of the business plan in autumn.'
     
  2. For HEFCE, the establishment of the Centre forms part of its long-term commitment to HE-business links, reflected particularly in the funding it gives for knowledge exchange – HEIF. Details of HEIF are on the HEFCE website. This includes an analysis of institutional approaches to knowledge exchange published in April 2012.

  3. Other members of the Steering Group are: Professor Dame Julia King, Vice-Chancellor, Aston University; Pat Loughrey, Warden, Goldsmiths College; Professor Quentin McKellar, Vice-Chancellor, University of Hertfordshire; Professor Calle Pistorius, Vice-Chancellor, University of Hull; Sam Laidlaw, Chief Executive Officer, Centrica; Michael Stevenson, Vice-President Global Education, Cisco; Olly Benzecry, Managing Partner, Accenture; and Lady Susan Rice, Managing Director, Lloyds Banking Group.