The University TT ‘industry’ bangs on about licensing and spin-out creation, but industry research collaboration is generally a far more effective – and ubiquitous – form of knowledge transfer.
However, businesses often find dealing with universities to be a complete pain, introducing irritating frictions into what should be a relatively straightforward transaction. This happens in part because we’re trying to anticipate what the outputs will be (especially in the form of entangled foreground IP) but also because of convoluted decision-making processes and communication within our own institutions. Some larger businesses have got used to this but the smaller ones and those who we’re working with for the first time are left bewildered and frustrated.
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