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The impact of the University of Strathclyde on the economy of Scotland and the City of Glasgow

Kelly, Ursula and McNicoll, Iain and McLellan, Donald (2004) The impact of the University of Strathclyde on the economy of Scotland and the City of Glasgow. [Report]

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Abstract

The interest in the economic impact of higher education has led to the early studies of both Scottish and UK Higher Education being updated and extended. However it is now 12 years since the very first study of Strathclyde University (which arguably set the core policy agenda for subsequent work)10 was undertaken. It is timely to take a fresh look at the University of Strathclyde's impact on Scotland. The current study was undertaken in Spring 2004 and focuses primarily on those aspects of the University of Strathclyde's contribution to the economy that can currently be quantified and measured in conventional economic terms such as output, employment and export earnings. Modelled estimates are made of the economic activity generated in other sectors of the economy, both throughout Scotland and also within the City of Glasgow, through the secondary or 'knock-on' effects of the expenditure of the University, its staff and its students. Overall the study presents an up-to-date and detailed examination of the University of Strathclyde's quantifiable economic contribution to both the City of Glasgow and to Scotland as a whole. The study was conducted by Ursula Kelly and Donald McLellan of the Information Resources Directorate of the University of Strathclyde working with Emeritus Professor Iain McNicoll, who served as Technical Adviser on the study.