What are the best models for universities and industry to work together to drive innovation? And how can they work together successfully across borders? These were some of the questions addressed by the China-UK Symposium on Innovation Driven Development with Business-University Collaboration that I and other SIN colleagues attended in Beijing last week. The Symposium was hosted by the Chinese Academy of Engineering and the Royal Academy of Engineering, and the Dowling Review of Business-University Research Collaborations formed an initial basis for discussion. Martyn Roper, the British Embassy’s Charge d’Affaires, gave an introductory speech highlighting the importance of deeper engagement on innovation to drive economic growth in both countries.
Conclusions were drawn about common success factors for business-university collaborations – clear and shared goals, long term mutual benefit, often shared space, and the exchange of people – and barriers to be tackled, which included concerns about IP protection and criteria for the promotion of academics. And the concluding challenge from Dame Ann Dowling was: how can we extend the best practice to companies and universities that are not already collaborating? Let us know what you think in the comments section.