Home > Policy and analysis > Reports > The economic role of universities

The economic role of universities

Report
11 June 2015

Report page Universities play an essential role in the UK economy. They increase skills, support innovation, and attract investment and talent.

They also support the growth of the UK economy and help to remedy its weaknesses, including lagging labour productivity, low investment in research and development, and skills shortages.

Universities also help to ensure that the UK remains competitive in the global market by supporting greater business innovation and export-led, knowledge-intensive growth. As a result, higher education is a high-growth UK export industry in its own right.

This report, the sixth in Universities UK's series 'The funding environment for universities', examines recently published data to determine the part that university teaching, research and innovation plays in achieving all of the above.


The team

Rosalind Lowe

Rosalind Lowe

Policy Researcher
Universities UK

Jovan Luzajic

Jovan Luzajic

Senior Policy Analyst
Universities UK

Julie Tam

Julie Tam

Assistant Director of Policy
Universities UK

Martina Tortis

Martina Tortis

Policy Analyst
Universities UK

News

Response to Labour policy on tuition fees

22 May 2017
If the current tuition fee and income-contingent loan repayment system in England were to be scrapped, the gap would need to be met in full from other sources of public finance.

New government investment in research and development ‘good news’ – UUK President

21 November 2016
Universities UK welcomed today the announcement from Prime Minister Theresa May that the UK government will increase its investment in research and development by £2 billion a year by the end of this Parliament.

Blog

General election 2017: tuition fees under the spotlight

15 May 2017
Juile Tam, Assistant Director of Policy at Universities UK, discusses different policies on tuition fees and the implications for universities, government and students themselves.

Funders and universities must work together to build international partnerships

15 March 2017
Ahead of UUK's International Higher Education Forum, Ed Whiting from Wellcome Trust discusses the importance of global research partnerships.