Strathclyde signs up to the Knowledge Exchange Concordat

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Strathclyde is one of the first universities to sign up to a new national agreement in which UK institutions commit to develop their knowledge exchange activities.

UK Higher Education Institutions (HEIs) can sign up to the eight guiding “good practice” principles contained in the Knowledge Exchange Concordat, and take part in a pilot process for improving KE practice.

The UK-wide initiative has different arrangements in separate nations, but all HEIs can take part in the development year and receive confidential feedback on their strategic objectives and action plans.

Strategic objectives

Strathclyde signed its’ ‘letter of commitment’ on the first day for the Concordat, which provides a framework for effective knowledge exchange and support institutions to develop clear and ambitious strategic objectives for their KE activities. It aims to allow the development, enhancement and transparency of the wide range of KE activities across the sector, and to encourage organisations to work together to strengthen practices.

There is a focus is on HE leaders developing and nurturing their staff and students to engage with the wider world, as well as on making their campuses, facilities and expertise more accessible to local and external partners. It also sets out potential routes to good practice and will inform relevant funding approaches by providing assurance on value being delivered from public funds.

Professor Tim Bedford, Associate Principal Research & Knowledge Exchange at Strathclyde, said:

Knowledge Exchange is one of Strathclyde’s key activities, alongside Teaching and Research. We have an excellent reputation for collaboration to create social and economic impact, as shown by our Times Higher Education University of the Year award.

“However, we can never stand still, and the KE Concordat gives us a great opportunity to develop further.“

At the end of the development year there will be a review of the concordat, which has been developed by Universities UK and GuildHE in partnership with Research England, NCUB and PraxisAURIL and other funders and stakeholders

Julia Buckingham, President of Universities UK, said: “The KE Concordat provides institutions with an opportunity to reflect on their ambitions for knowledge exchange activities and to receive feedback on how they plan to develop them, by signing up to the principles – of which many universities have already done so – and participating in the development year.”

The UK government has committed to increase public spending in research and development by £22 billion by 2024/25, putting the UK on track to reach 2.4% of GDP being spent on R&D across the UK economy by 2027.