University named example of boosting local economy

A report by a former vice chancellor stating universities should be at the heart of the local economy, acknowledges the University of Lincoln as a good example.

The report, by former vice-chancellor of the University of Hertfordshire and HEFCE board member Professor Sir Tim Wilson, is calling for universities to work more closely with local businesses to help graduate employability, innovation and and growth in the economy.

This first example is the University of Lincoln and its collaboration with Siemens to develop the Engineering School.

Sir Wilson, who visited the university last year, makes a number of recommendations for universities, the government and businesses in his review.

He said: “It is clear from my review that the UK has the potential to be a world leader in university-business collaboration, building on the diversity of collaborative networks, partnerships and supply chains that already exist.

“The key to success is on-going cultural change, strengthening and extending the relationships between business and universities.

“To achieve this; belief, commitment and leadership amongst universities, business and government is essential.

“If this potential is fulfilled, universities will be at the heart of our knowledge-based economy, collaborating with business and government to generate the wealth necessary for a healthy and prosperous society.

“I hope that my recommendations will act as a foundation for such future success.”

Business Secretary Vince Cable said: “The Government welcomes much of what Sir Tim says and will now carefully consider his recommendations in detail.

“The best universities around the world are building deeper links with business. We must ensure our universities and businesses develop strong relationships to maximise innovation and ensure students come out of universities equipped to excel in the workforce.”

Further information can be found on Sir Wilson’s review website.

Source: University of Lincoln