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<span style="white-space: pre-wrap; font-size: medium; font-family: tahoma, geneva, sans-serif;">Lancaster University places a great deal of emphasis on the real-world impact of its research. As such, university administration encourage faculty members to develop their research further and encourages them to innovate in new areas. However, as of 2018, Lancaster’s main focus for its research impact is the publication of faculty members papers in renowned journals, rather than in creating entrepreneurial ventures of their own following their research. Lancaster currently lacks incentives and reward schemes for faculty members to take a leap with their ideas and create their own enterprises, but the few that are made work closely with the university to maintain they remain at the forefront of their fields, such as Quantum Base Ltd, who are located in the InfoLab21 space on campus.</span>
'''<span style="font-family: tahoma, geneva, sans-serif; font-size: medium; white-space: pre-wrap;">Actively supporting the university technology transfer function:</span>'''
<span style="font-family: tahoma, geneva, sans-serif; font-size: medium; white-space: pre-wrap;">[http://www.lancaster.ac.uk/research/research-enterprise-services/ip-support/ip-support-process/ IP Support services] provide Lancaster's technology transfer function offering NDAs, Patents and Licensing of IP through the University. Lancaster University has created many spin-out companies as a result of IP that has been generated by academics within the institution, which you can see [http://www.lancaster.ac.uk/research/research-enterprise-services/ip-support/spinout-companies/ here]. As of June 2017, there are 27 spin-out companies affiliated with Lancaster University. Lancaster University holds equity in all of its spin-outs through Lancaster University Business Enterprises Ltd.<br/><br/>Lancaster University Consulting Services (LUCS) have undergone a recent renovation, providing services for all academics to assist them in providing private consultancy services. LUCS offers liability and indemnity insurance for academics who choose to consult along with additional assistance like the pricing of consulting services and the use of university facilities.</span><div></div><br/><span style="font-family:tahoma,geneva,sans-serif;"><span style="font-size:medium;">'''<span id="docs-internal-guid-51d65422-7fff-6f4a-3ed3-ae294c9e9f49"><span style="font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Facilitating university-industry collaboration:</span></span>'''</span></span>
<span style="font-family:tahoma,geneva,sans-serif;"><span style="font-size:medium;"><span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Lancaster University has several business and mentoring networks that facilitate university-industry collaboration. The Career Mentoring Programme and the Employer Connect Programme, for example, match students to local professionals to get insights into what they do to help students pursue their career goals. Furthermore, Lancaster University has currently 58 people acting as Entrepreneurs in Residence who can give valuable insights into business.</span></span></span></span>
<span style="white-space: pre-wrap; font-size: medium; font-family: tahoma, geneva, sans-serif;">The Health Innovation Campus (HIC) at Lancaster University is currently in the making and the first phase is due to open in 2019. It will be a place to research and develop innovative solutions while working closely together with the government and policy-makers. The HIC will contribute to the local and national community by supporting job creation and the growth of local businesses, as well as aiming to introduce changes in the health and care systems and the community.</span>
<span style="white-space: pre-wrap; font-size: medium; font-family: tahoma, geneva, sans-serif;"></span>
<span style="white-space: pre-wrap; font-size: medium; font-family: tahoma, geneva, sans-serif;"></span>Related links:
http://universityinnovation.org/wiki/Lancaster_University_Student_Priorities
http://universityinnovation.org/wiki/Anna_Schaefer
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[[Category:Universities]]