Knowledge exchange funding delivers £9.70 for every pound invested

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New research [Note 1] shows that HEFCE funding for university knowledge exchange (KE) activity delivers significant and increasing return for public investment.

The return on investment from £1 of Higher Education Innovation Funding (HEIF [Note 2]) is currently estimated at £9.70 in benefits for the economy and society [Note 3], and may deliver even higher returns in future.

These results reflect the way universities overall are gaining greater expertise in KE, using HEIF more…

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