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May 19, 2013
Writing about web page http://www2.warwick.ac.uk/knowledge/business/gus
A blog post by Professor Eric Thomas, Vice-Chancellor, University of Bristol
Higher education is an international enterprise. Our comparators, and our competitors, are found all over the world. At my own university, Bristol, we have staff and students from 112 countries. 30 per cent of our students and around 14 per cent of our staff are from outside the UK. We have partnerships in many countries around the world and each year we help about 500 students go abroad as part of their degrees We’re in the business of educating global citizens.
That is one reason why the Global University Summit is such an important event in the higher education calendar.
It is particularly important for us in the UK at this moment because, like so many other countries, we are in the middle of a period of serious fiscal retrenchment. As government looks to reduce, all UK government budget areas (with the exception of schools, the NHS and international development) are facing substantial cuts.
Our job is to explain that we are in an international race and that the search for elusive growth depends, to a considerable extent, on our ability to stay at the forefront of international higher education.
If we don’t, highly mobile students and academic staff have the world to choose from. The pull of world-class universities encourages businesses to invest in the UK, helps companies grow, and underpins the infrastructure which supports them, including the essential public services.
Universities are also a fantastic advertisement for the UK. Anywhere you go in the world you will find leaders in all parts of public life who were educated here. That creates a network of priceless importance to the UK. It opens up diplomatic and commercial opportunities that cannot be under-estimated. The influence is not only about past links. At almost any point in time, a UK academic will be standing on a platform somewhere promoting the ideas we are generating.
We know that university research contributes to UK competitiveness in a range of ways – not only the obvious technological innovations like 3G mobile, a product of Bristol research.
In my view, the major contribution universities make to the economy is through people. 3,800 educated, talented and motivated graduates emerge from the University of Bristol every year. They all have subject-specific knowledge, but more importantly they have the ability to think critically, to challenge received opinion and, we hope, the confidence to drive change.
That’s one of the reasons why, according to NESTA, innovative businesses have more than double the share of employees with degrees than business categorised as ‘non-innovative’. It goes some way to explaining why the UK economy is becoming increasingly dependent on graduates - a trend which looks likely to continue as the proportion of jobs which require lower skill levels continues to shrink.
And although such companies make up just six per cent of the total number of businesses in the UK, they accounted for 54 per cent of jobs growth between 2002 and 2005.
The political debate in the UK is dominated by deficit reduction, and growth, and the complex relationship between the two. The next election will be won and lost on economic confidence. Spending decisions for 2015-16 will set the tone and the government will be judged on how it balances investment for growth with retrenchment for deficit reduction.
Our job, as our government gears up for some extremely difficult spending decisions is to convince them that this is precisely the wrong moment to cut back on education and research. We’re part of the answer, not part of the problem.
That’s why government must invest in universities.
This blog is part of a regular series on the Knowledge Centre looking at issues in higher education ahead of the Global University Summit (May 28-30 2013), hosted by the University of Warwick in Whitehall, London. As part of the Summit, a declaration of commitment and policy recommendations will be drawn up for the G8 summit of world leaders, taking place in Northern Ireland in June.
Image: 31st Annual Freihofer's Run for Women. Source (Flickr).
Professor Eric Thomas, Vice-Chancellor, University of Bristol
Professor Eric Thomas has been Vice-Chancellor of the University of Bristol since September 2001. He graduated in Medicine from the University of Newcastle upon Tyne in 1976 and proceeded to obtain his MD by thesis in research into endometriosis in 1987. He trained as an obstetrician and gynaecologist and worked at both the universities of Sheffield and Newcastle. In 1991 he was appointed Professor of Obstetrics and Gynaecology at the University of Southampton and then became Head of the School of Medicine there in 1995 and Dean of the Faculty of Medicine, Health and Biological Sciences in 1998. He was a consultant gynaecologist from 1987 to 2001.