What is Impact? Academic impact  The demonstrable contribution that excellent research makes to academic advances, across and within disciplines, including significant advances in understanding, methods, theory and application Economic and societal impacts  The demonstrable contribution that excellent research makes to society and the economy. Economic and societal impacts embrace all the diverse ways in which research-related knowledge and skills benefit individuals, organisations and nations by:  fostering global economic performance, and specifically the economic competitiveness of the European Union  increasing the effectiveness of public services and policy  enhancing quality of life, health and creative output Impact in Horizon 2020  Academic Impact useful to demonstrate ‘excellence’ of applicants but has less weighting than economic/social  General principle in H2020  IMPACT = INNOVATION = COMMERCIALISATION  Turning research outputs into economic growth, jobs and wealth creation = commercialisation  Improving the lives of the EU citizen (policy & public services)= dissemination  You need a plan for both! Why does impact matter?  Accountability  spending public money means demonstrating the benefits of that investment to society  Quality  research can be improved by engagement with a broad range of potential beneficiaries  Maximising benefits  shortening the time to benefit, and increasing the impact investments in research and innovation have  Reputation  enhance attractiveness for research and innovation investment University is a generator of knowledge Research costs money Funders what to see a “return” Impact If they see a return, they will keep funding Impact Types of impact Research Outcome Public Understanding Professional Understanding Commercial Opportunities Research Collaborations Policy Societal Benefit Academic Understanding Impact Statements – UK Perspective Facilitating impact at Oxford Department Research Outcome Division Collegiate University Research Support & KE network Public Understanding Professional Understanding Commercial Opportunities Research Collaborations Policy Societal Benefit Incubators Museums Science Oxford Press coverage Academic Understanding Oxford Impacts