July 13, 2006

Report on the International Competitiveness of UK universities

The future of the UK will be largely determined by the international competitiveness of our multinational businesses. Those that are domiciled in or operating from the UK need outstanding leadership and management and continuous innovation. In a global economy they have to react to the twin forces of advanced global communications and the opening of markets worldwide. Innovation (the successful exploitation of new ideas) has to underpin ever higher value-adding products, services and processes. These businesses look to the best universities for future talent, research and business education to help provide them with a competitive edge. The same is true for the UK. Along with other western countries we cannot compete against the growing power of China and India on the basis of price or on the volume of technical graduates:

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