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Philip Ternouth Philip Ternouth

University Industry Links University Industry Links

‘To strengthen the competitiveness, wealth creation and economic performance of the UK by the ‘To strengthen the competitiveness, wealth creation and economic performance of the UK by the enhancement of knowledge transfer and skills and the stimulation of innovation through collaborative projects between business and the knowledge base. ’

1975 launched as Teaching Companies Scheme (TCS). 2003 Knowledge Transfer Partnerships replaced TCS and 1975 launched as Teaching Companies Scheme (TCS). 2003 Knowledge Transfer Partnerships replaced TCS and Colleges & Businesses Partnership scheme (CBP). 4000+ programs completed 1000+ live in 2006

A relationship is formed between a company and an academic institution (‘Knowledge Base’ Partner), A relationship is formed between a company and an academic institution (‘Knowledge Base’ Partner), which facilitates the transfer of knowledge, technology and skills to which the company partner currently has no access. Each partnership employs (one or more) recently qualified people (Associate) to work in a company on a project of strategic importance to the business, whilst also being supervised by the Knowledge Base Partner.

Projects vary in length between 12 and 36 months. The Associates are either postgraduate Projects vary in length between 12 and 36 months. The Associates are either postgraduate researchers; university graduates; or equivalent.

Project length 12 – 36 months Associates recruited by KB and Company partners Employed Project length 12 – 36 months Associates recruited by KB and Company partners Employed by KB partner Project located at business premises with company supervisor KB Supervisor spends ~ half day per week at company premises

Income Published papers Teaching materials, case studies and projects (82%) New research themes - Income Published papers Teaching materials, case studies and projects (82%) New research themes - commercial relevance (80%) Staff development – commercial awareness (88%) Higher degree registrations Graduate career opportunities IP – negotiated with the company Strategic relationship with company

Increased Capabilities & Profits Long-term, strategic relationship with KB partner Recruitment of the ‘right’ Increased Capabilities & Profits Long-term, strategic relationship with KB partner Recruitment of the ‘right’ people Transfer of knowledge/expertise Embedding of innovation culture