[photopress:Nottingham.jpg,full,alignright]A consortium called Innovation China UK (ICUK) — which includes five UK universities and at least 20 in China — has been awarded £5m (RMB75m) from the Higher Education Innovation Fund, which is administered by the UK Department of Trade and Industry. The Chinese Ministry of Science and Technology, in partnership with the Chinese Ministry of Education, has now pledged to match that level of funding in a pioneering collaboration between the two nations. It is the first time a research initiative on this scale has been jointly funded by the UK and China.
ICUK is a research and knowledge transfer partnership that will provide the framework for the development of commercial collaborations from the research phase to the marketplace. While not directly leading to an MBA the research is vitally concerned with MBA subjects.It will provide funding and support aimed at enabling UK and Chinese collaborators to develop, commercialise and exploit their joint research worldwide.
Chinese participating institutions will include Tsinghua University, Beijing University, Fudan University, Shanghai Jiaotong University, Nanjing University, Chengdu University, Suzhou University, China University of Science and Technology.
Within the UK, the project is led by Queen Mary, University of London, along with UK partners The University of Nottingham (seen above), King’s College London, Royal Veterinary College and University of Southampton.
The ICUK Collaboration Development Fund will be used for proof-of-concept research, business development, technology commercialisation and staff exchange. The programme will aim to deliver published guidance on joint UK-China intellectual property and knowledge transfer practice.