National innovation strategy: scorecard - 2025 update
The national innovation strategy first published an innovation scorecard in 2023, tracking Scotland's performance against key metrics compiled from publicly available data. In the second annual update to the scorecard, Scotland’s innovation performance is compared to UK and global peers.
4. Academic Income from Business and Community Interactions
4.1 Ecosystem
- Concept
4.2 Performance Assessment
- Performance Worsening
4.3 Description
- Academic Income from Business and Community Interactions (in cash terms) is monitored as an indicator of the level of innovation activity occurring between higher education and business. A total of 7 types of academic incomes are captured this monitor, categorised as contract or other income:
Contract* income includes:
1) Consultancy contracts,
2) Contract research
3) Facilities and equipment related services
Other** income includes:
4) Collaborative research involving public funding
5) CPD and Continuing Education courses
6) Intellectual Property (incl. sale of shares in spin-offs)
7) Regeneration and development programmes
4.4 Time Series
- Academic income from business community interactions has grown by 26% in cash terms over the past 5 years. Over the same period, contract income grew by 46% while other incomes are up by 12%.
4.5 Current Performance
- Total income in 2023/24 was £684m, down 1% in nominal terms, and 5% in real terms compared to 2022/23.
- Contract income in 2023/24 was £327m, down 4% in cash terms and 8% in real terms compared to 2022/23.
- Other income is £358m
4.6 Previous Year Performance
| £m | 23/24 | 22/23 | %∆ |
|---|---|---|---|
| Total | £685m | £722m | -5% |
| Contract | £327m | £356m | -8% |
| Other | £358m | £366m | -2% |
4.7 UK Regional Benchmark
- Scotland ranks 1st for Total, 1st for Contracts and 3rd for Other as percentages of GDP.
4.8 International Benchmark
- There are no readily available international comparisons.
4.9 About the Data
- Current Dataset: Higher Education Statistics Agency (HESA): HE Business and Community Interaction - 2023/24 (Released April 2025)
- Next Release: April 2026
Contact
Email: innovation@gov.scot