Durham University Business School has agreed to host the North East Local Enterprise Partnership, acting as a base for an initiative to encourage innovation in the North East.
The North East Innovation Observation aims to work closely with universities in the North East to encourage and support business innovation.
The role of the Durham Business School as the base for the project is in part to provide research into innovation success factors, barriers to innovation, and innovation trends.
Durham University Business School will also assist in the North East’s LEP “smart specialization strategy,” which measures growth in areas including passenger vehicle manufacture, health, and life sciences.
Professor of Operations Management at Durham University Business School, Kiran Fernandes, said:
“As a leading business school, our expertise will compliment the programme’s objectives to maximise the success of the region as a hub for innovative business and business growth.
“It is an exciting time to be involved in the programme and an honour to be selected as host.”
According to the Complete University Guide, Durham University Business school is ranked fifth in the UK.
Photograph: Alexbouditsky – Creative Commons