Civil Engineering Reference
In-Depth Information
Table 4
(continued)
Company
Origin
Technology
Funding
TMO Renewables
University of Surrey and
University of London
Bio-fuels
VC backed fermentation
technology company
Actica
Spin out from Detica
which is another
company on the Park
High level
consulting
Funded by consultancy
Gold-I
Foreign Exchange Trading
Software
Spin out from City
of London
Banking Sector
Funded by revenue from
product
IDBS
Data acquisition and
storage for pharma
sector
Developed idea
when
undertaking
consultancy for
the Pharma
sector
Funded by consultancy
and revenue from
product
Medpharm
Drug formulation and
delivery
A spin-out of
King's College
London from the
Department of
Pharmacy
Contract Research
Organisation
Academic Ranking of World Universities
20
(ARWU), which provides an annual
global research ranking.
The fit of technical subject in the University of Surrey with the interests of
tenant companies is high. This was not a deliberate policy but has been important
in driving success.
The University of Surrey has put in place the necessary management structures
in its Research and Enterprise Services which support links with tenant companies.
To assist in the economic development of the national, regional and local
economy—success indicators:
Commonly used indices of the economic impact of companies on science and
technology parks include a change in the number of companies on a park, numbers
of employees, the nature of the activities of the employees, salary levels and
turnover per employee.
Employee numbers: the tenant companies on the Surrey Research Park together
employ over 3,500 well qualified staff. A significant proportion of the employment
offered on the Park provides new jobs that have been created as a result of
company growth. The most significant growth has been by Detica which has
increased employee numbers from 30 staff in 1986 to over 1,400 today in 2012, the
majority of which are located on the Park.
Employment: it is estimated that based on discussions with key companies that at
least 35 % of these are routinely engaged in R&D activities.
20
Commonly known as the Shanghai Jiao Tong Index.
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