This morning Universities UK published their facts and figures on higher education research which confirmed that in 2015/16 institutions received £4.2 billion from knowledge exchange activities.
Data from the report also revealed:
- 76% of research at higher education institutions was considered as ‘world-leading’ or ‘internationally excellent’ for its overall quality in 2014
- More than half of UK research is produced through international collaborations
- UK government spending on research and development is below the OECD average as a proportion of GDP
- 43% of postgraduate research students and 29% of academic staff were from overseas
- Research performed by UK universities in 2014−15 equates to an increase of £28.9 billion in gross value added