Witty Review published

The final report of The Witty Review of universities and economic growth has been published this week, following preliminary findings earlier in the year.  The independent review, headed by Sir Andrew Witty, CEO of Glaxo Smith Kline and Chancellor of the University of Nottingham, outlines the “extraordinary potential of universities to enhance economic growth”, and makes a number of significant recommendations.

He wants to see universities embrace a ‘third mission’ of enhancing economic growth, alongside that of teaching and research, the results of which should be reported annually to government. He also argues that the impact weighting of the REF should be increased to 25%. Further recommendations include the creation of a £1billion funding stream for “Arrow Projects”, that combine an “arrow tip of leading research with an arrowhead of related economic activity”, and increasing the Higher Education Innovation Fund (HEIF) to £250 million.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Related articles

A focus on...Celebrations

See some of our celebration highlights from the last couple of years, including the EPC President's Prize and more

Reports

Contributions sought for the Sustainability Toolkit

(Deadline for first drafts - 16th October 2023) The Sustainability Steering Group seeks contributors to develop resources for inclusion in...

News

A focus on...Events

Our extensive events programme saw many hundreds of our members access a plethora of free online webcasts and jam-packed in-person...

Reports
Let us know what you think of our website