Why work on a KTP project?
Working on a KTP gives academics the opportunity to develop business relevant teaching and research; apply knowledge and expertise to important organisational problems; and identify new research themes and undergraduate/postgraduate projects. Work from a KTP project can be used as evidence in the increasing demand for economic impact of research investment.
Research and teaching
KTP provides the chance to apply research into industry, often informing the direction of ongoing and future research with high level strategic interaction with the business community. The papers and publications developed through KTP, and the research income, can contribute to the REF rating of a department.
KTP can also assist with teaching. Due to the close working partnership between the academic, the Associate and the organisation, KTPs provide excellent potential for collaborative work outside the core project, providing opportunities for student projects, work based activities and the use of current business issues into teaching materials.
Time and financial commitment
KTP is delivered on a full economic cost basis, which means that the 10% of the academic’s time involved in KTP is 100% funded. Typically, academics can expect to commit half a day of their week to a KTP project, mainly at the premises of the business partner.
Outreach and business engagement
KTP provides an opportunity for academics to engage with the business community. Around 75% of KTP Associates are offered full time employment with the host organisation on completion of their KTP, which means that academics fulfill a vital role in supporting employment for graduates.
Businesses and organisations from all sectors are eligible to participate in KTP,as are public funded organisations, charities and businesses from the not for profit sector. A total of 60% of businesses participating in KTP are small to medium sized enterprises (10 – 250 employees), with high growth potential; 9% are smaller and around 25% are larger businesses and public sector organisations. All businesses must be financially viable and committed to strategic change as a KTP is expected to deliver a step change in the organisation’s capability and performance.
Support and management
In the early stages of developing a KTP application, a dedicated, highly experienced KTP Adviser will be allocated to work in partnership with you to facilitate the development of new partnerships and guide the partners through the approval process. Once a KTP is approved, the Advisers also monitor and support progress throughout the life of the partnership.
Working with Aston University also means gaining the support of the Research and Enterprise Office who can offer guidance and advice throughout the KTP project.
For more information about Knowledge Transfer Partnerships or an informal chat, please email firstname.lastname@example.org or call Martin May, KTP Manager on 0121 204 4253.