Modernization of Universities through Greater Interaction with Small Firms
This paper explores the ‘best practice’ interactions between universities and small firms in the UK. The purpose is to identify ways in which a university can build stronger and more effective links with small firms. The relationship between universities and small firms is of growing importance. There are political, economic and educational pressures which influence the behaviour and relationship of higher education toward the business sector, and small firms in particular. The wider context of the changes taking place within higher education are discussed. This is followed by the initial findings from a recently completed research project for the Council for Industry and Higher Education which investigated the foremost components in ‘best practice’ interactions and linkages between small firms and universities in the North East of England. Some preliminary ideas are suggested on how best practice can be further facilitated. These proposals are then interpreted in terms of the operational implications for universities and other strategic organizations involved in building linkages with small firms.