The value of knowledge-exchange activity - which includes commercialisation of research, training, consultancy and sales of intellectual property - rose by 4 per cent year on year.
The figures, published on 23 May, show that activity benefiting small and medium-sized enterprises increased by 11 per cent to ?193 million.
Meanwhile, engagement with big business and with public and third-sector organisations rose by 5 per cent to ?663 million and ?1.29 billion, respectively.
Accounting for inflation, the value of knowledge-exchange activity grew by just 2 per cent on 2010-11 figures, slower growth than in previous years.
However, it comes on the back of a real-terms increase of almost a third since 2005-06.
Notes: Graph shows real-term figures in 2011-12 values
Source: Higher Education Funding Council for England
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰’蝉 university and college rankings analysis
Already registered or a current subscriber? Login