Fight past the jargon and find the benefits
Abstract
Purpose
The purpose of this paper is to inform businesses about the best practice in getting the most out of the government‐funded Knowledge Transfer Partnerships – a method of transferring university expertise to the benefit of business.
Design/methodology/approach
The paper describes how these Knowledge Transfer Partnerships work, the kind of projects that get funded, and the benefits that surveyed companies have experienced. It then gives three case studies of Knowledge Transfer Partnerships to illustrate how they work.
Findings
Knowledge Transfer Partnerships significantly improve productivity and profitability in most businesses where the projects take place. They also cover a broad range of projects than simply technology transfer.
Originality/value
The paper is valuable to businesses, especially SMEs, who might be looking to undertake projects that involve some innovative or research element as it explains how to obtain significant government funding.
Keywords
Citation
Humphries, D. (2005), "Fight past the jargon and find the benefits", Industrial and Commercial Training, Vol. 37 No. 1, pp. 31-35. https://doi.org/10.1108/00197850510576466
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited