Benefits of knowledge exchange and impact
Due to the very broad and far-reaching nature of knowledge exchange, there are inevitably many benefits that can occur as a result of university knowledge and expertise being disseminated to, and enhanced by, external audiences:
| Benefits to the academic | Benefits to community and social groups | Benefits to industry |
|
Increase in skills when engaging with
different audiences Further recognition of the research Potential development of research after feedback from non-academic audiences Creation of new partnerships Enhancement of reputation and influence of the researcher Provide a sense of satisfaction, purpose and enjoyment. |
Better insights into
issues faced and better solutions to address these issues Better partnerships and links with collaborators Greater involvement of HEIs in local and regional partnerships Greater awareness of resources and expertise available within HEIs |
Improved enterprise, innovation, and
outputs Improved skills that have assisted start-ups and spin-outs Stimulated growth Improved technology outputs Exploitation of research to result in improved products and services Improved business performance |