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London Businesses Need Student Interns

Businesses recognise the value of student work placements and internships, according to a recent business attitude survey conducted by knowledge bridges.

A survey by online business resource Knowledge Bridge (a non-profit organisation, funded by the Higher Education Funding Council for England), at the London Development Agency’s recent Innovation Conference, indicates that businesses believe that the skills and knowledge available within the higher education sector are of value, but unfortunately the wide range of expertise offered by universities is not fully appreciated.

“This seems to confirm what many of London’s top universities have long suspected: businesses are interested in using university services but think that gaining access to a university will be both time-consuming and difficult,” comments Knowledge Bridge editor Ian Powling. “This simply isn’t the case any longer. Knowledge Bridge now has three online services to make it easier to contact the right people in London universities about training courses, research and consultancy, and advertising vacancies to students.”

The survey comprised four key propositions:

  1. Part-time Work and Work Placements
    Would you consider offering part-time work or a work placement to an undergraduate?

    A positive 72% of respondents, representing a wide variety of market sectors and company sizes, said they would consider taking on a student in a part-time role or placement/internship. This suggests an awareness that both businesses and students could benefit from part-time and work placement engagements, and that student recruitment can play a vital role in developing the workforce with the right skills for the future. The small business view - Nearly half (48%) of the positive respondents were businesses with less than ten staff, which suggests a encouraging level of openness of small companies to the idea of taking on students in this way.

  2. Research and Development

    Have you considered using university facilities to support R&D projects?

    53% of respondents said "yes" to this, showing a healthy awareness of business that universities have a wealth of expertise to offer. This optimism should be tempered however, by the fact that attendees to the London innovation Conference are likely to have greater awareness of the knowledge base. Until now, the difficulty in finding the right person for the job has been a major barrier to business and higher education research collaboration. Knowledge Bridge now makes this easier with its Research Finder enquiry distribution service.
  3. Training

    Have you considered using a university to provide training for your staff?

    Only 38% of respondents said "yes", suggesting that universities need to work harder to make business aware of the advantages of outsourcing training to universities.

    The small business view - 50% of those that said "no" were small businesses with less than ten staff. This suggests that awareness of opportunities to source training from universities is particularly low among this sector.

  4. Creativity

    Some people feel that sending staff to a university for training encourages creative thinking and innovation - more so than in other training environments. Do you agree-

    The majority (59%) of respondents agreed with this proposition, but universities require further exposure to ensure businesses are aware of the distinctive contribution that a university setting can make to staff learning.

    The small business view - The idea that universities can foster creativity and innovation evidently struck a chord with small businesses, as 53% of those that said "yes" had less than ten staff.

Knowledge Bridge is a partnership of London universities that aims to improve business access to higher education institutions via its dedicated website, www.knowledgebridge.co.uk.

With Thanks To: Knowledge Bridge

 

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