Nav: Home

Research develops top tips to foster better relationships between scientists and business

March 21, 2019

University researchers and industry practitioners have developed lists of 'top tips' for businesses and academics to foster better relationships that could potentially benefit all parties.

The paper's 21 authors, including Cass Business School's Dr Andreas Tsanakas, investigated the reasons relatively few scientists are directly engaged with the business sector and found academic time constraints combined with the career framework within which they operate are significant barriers to collaboration.

Using the insurance sector as a case study, the paper finds that greater levels of direct engagement with university-based environmental scientists could allow insurers to quantify more accurately the risks they take, improving their performance and adding stability to the insurance market.

The study finds that most academics are more motivated by curiosity and creativity, as well as the impact of their research and its potential to influence their careers than they are by money; they are also time-poor, with the average academic having at most one day per week to conduct their own hands-on research, only half of which has the potential to be diverted into working with business.

The paper's authors also recognise that business practitioners are driven by a variety of motives, not just profitability, and that collaboration with academics can create points of difference within highly competitive sectors.

From its research, the interdisciplinary group of authors has created a list of ways in which practitioners can support academic partners, including but not limited to:
  • Collecting evidence of impact - impact is diverse, and evidence is not necessarily difficult to obtain. Creating an Impact Case Study for the Research Excellence Framework exercise can win university investment in the form of time or money, freeing the academic to pursue further research or develop this strand of impact.
  • Offering a place on an advisory panel - advice that stems from a research paper can provide academics with evidence of the impact of their research outside academia.
  • Asking them to provide training - if a clear fit exists, using an academic to provide in-house training is a good way to get to know them, and any fees might be used to initiate curiosity-driven studies.
Similarly, the authors have created a list of ways in which academics can foster better relationships with business practitioners, including but not limited to:
  • Undertake a literature review - a comprehensive review of what is known about risks in an emerging peril-region is a safe, early stage deliverable in a funded project.
  • Deliver new research-based science - concepts or theories that could be implemented by the practitioner, offering the possibility of an advantage over competitors.
  • Invite the practitioner to give a guest lecture seminar, or training - this could be potentially enjoyable experience, an opportunity to discuss collaboration possibilities, and provides contact with students who may apply for jobs with the company in future.
With particular reference to the insurance sector, Dr Andreas Tsanakas said that if stronger collaboration between insurers and environmental scientists leads insurers to better understand environmental science then there is potential for them to better understand the risk within their portfolios.

"This means that they can price and manage risks more accurately" Dr Tsanakas said.

"Better quality information would enable insurers to run their portfolios more efficiently, which may enable them to price risks more competitively, generating a potential benefit to policyholders."

The study's lead author, Dr John Hillier of Loughborough University's Department of Geography and Environment, said university-based scientists are more than simply the papers they write.

"A lifetime of critically assessing work places them well for challenging or sense-checking the hazard component of models used by insurers," Dr Hillier said.

They also know about the cutting-edge of research that might not be published for a few years, and have an instinct for what the step-change discoveries might be over the next five years."
The paper, 'Demystifying academics to enhance university-business collaborations in environmental science', has been published by the Geoscience Communication Journal.

City University London

Related Relationships Articles:

'Feeling obligated' can impact relationships during social distancing
In a time where many are practicing 'social distancing' from the outside world, people are relying on their immediate social circles more than usual.
We can make predictions about relationships - but is this necessary?
'Predictions as to the longevity of a relationship are definitely possible,' says Dr Christine Finn from the University of Jena.
Disruptions of salesperson-customer relationships. Is that always bad?
Implications from sales relationship disruptions are intricate and can be revitalizing.
Do open relationships really work?
Open relationships typically describe couples in which the partners have agreed on sexual activity with someone other than their primary romantic partner, while maintaining the couple bond.
The 7 types of sugar daddy relationships
University of Colorado Denver researcher looks inside 48 sugar daddy relationships to better understand the different types of dynamics, break down the typical stereotype(s) and better understand how these relationships work in the United States.
Positive relationships boost self-esteem, and vice versa
Does having close friends boost your self-esteem, or does having high self-esteem influence the quality of your friendships?
Strong family relationships may help with asthma outcomes for children
Positive family relationships might help youth to maintain good asthma management behaviors even in the face of difficult neighborhood conditions, according to a new Northwestern University study.
In romantic relationships, people do indeed have a 'type'
Researchers at the University of Toronto show that people do indeed have a 'type' when it comes to dating, and that despite best intentions to date outside that type -- for example, after a bad relationship -- some will gravitate to similar partners.
Advancing dementia and its effect on care home relationships
New research published today in the journal Dementia by researchers from the University of Chichester focuses on the effects of behavioral change due to dementia in a residential care home setting.
Passion trumps love for sex in relationships
When women distinguish between sex and the relational and emotional aspects of a relationship, this determines how often couples in long-term relationships have sex.
More Relationships News and Relationships Current Events

Trending Science News

Current Coronavirus (COVID-19) News

Top Science Podcasts

We have hand picked the top science podcasts of 2020.
Now Playing: TED Radio Hour

Climate Mindset
In the past few months, human beings have come together to fight a global threat. This hour, TED speakers explore how our response can be the catalyst to fight another global crisis: climate change. Guests include political strategist Tom Rivett-Carnac, diplomat Christiana Figueres, climate justice activist Xiye Bastida, and writer, illustrator, and artist Oliver Jeffers.
Now Playing: Science for the People

#562 Superbug to Bedside
By now we're all good and scared about antibiotic resistance, one of the many things coming to get us all. But there's good news, sort of. News antibiotics are coming out! How do they get tested? What does that kind of a trial look like and how does it happen? Host Bethany Brookeshire talks with Matt McCarthy, author of "Superbugs: The Race to Stop an Epidemic", about the ins and outs of testing a new antibiotic in the hospital.
Now Playing: Radiolab

Speedy Beet
There are few musical moments more well-worn than the first four notes of Beethoven's Fifth Symphony. But in this short, we find out that Beethoven might have made a last-ditch effort to keep his music from ever feeling familiar, to keep pushing his listeners to a kind of psychological limit. Big thanks to our Brooklyn Philharmonic musicians: Deborah Buck and Suzy Perelman on violin, Arash Amini on cello, and Ah Ling Neu on viola. And check out The First Four Notes, Matthew Guerrieri's book on Beethoven's Fifth. Support Radiolab today at