The role of Knowledge Exchange in Innovation
Knowledge exchange in innovation
Knowledge Exchange partnerships are designed to benefit all partners in a three-way collaboration
- A graduate or post graduate (known as an Associate)
- A business or an organization
- A university/research institution (Knowledge Base)
.A qualified graduate also known as the Associate will lead change, deliver innovation and apply academic knowledge to a real-world challenge.
A university or research organization will create business-relevant teaching, research and publishing opportunities. Universities act as economic attractors – encouraging new investment into the local economy, Universities act as local economic anchors – stabilizing the local economic making it more resilient to shocks, Universities act as transformers allowing local businesses to develop, upgrade and move into new markets.
A business or organization use this knowledge to drive innovation, increase productivity and improve business performance.
