08/12/2003

University praised for economic regeneration example

The University of Ulster has been singled out for praise as an exemplar in regional economic regeneration in the Lambert Review set up by the Chancellor of the Exchequer, Gordon Brown.

The review cites the case of the Belfast company James Leckey Design, which in partnership with the School of Engineering at the University of Ulster “has been able to introduce three new products, several new processes and substantially improve existing products”.

The report's authors added that “the new design procedures and technologies developed during the programme have delivered longer lasting benefits”.

The University’s Vice-Chancellor, Professor Gerry McKenna today welcomed the review. He said: “The University’s R&D programme will have a crucial role to play in the economic future of Northern Ireland. I share the view that increased collaboration between higher education and business in knowledge transfer is the key to our economic future."

The UK's relatively poor performance in partnerships between universities and business and regional regeneration agencies led to the setting up of the Lambert Review.

Northern Ireland’s economic future, moving from a public sector dependent economy to a globally competitive knowledge based economy, “will depend upon our universities making a dynamic contribution through research and development and other forms of knowledge transfer”, Professor McKenna concluded.

(MB)

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