There’s the immediate impact seen when an individual academic performs consultancy work to solve a problem for an external client – or when a University department provides use of its high-tech equipment. There’s the social venture putting its profits towards tackling a global challenge; the promising medical invention licensed to a bigger company for onward application; the major biotech creating hundreds of regional jobs while it works long-term to treat or cure a disease.
OUI facilitates research commercialisation and consulting partnerships. All of these companies, licensing and consulting agreements originate in Oxford’s unique environment of interdisciplinary academic collaboration, and all of them are making the world a better place – in a multitude of different ways. Impact flows out from the University and any financial returns to the University flow back to further the mission of teaching and research, and fund and support the development of innovative, impactful ideas of the future.