Table 1

A table summarising the engagement possibilities, the associated risks and commitments required and our collaboration examples

Engagement opportunityLevel of riskTime commitment (Duration)Monetary investmentBenefits to industry partnerBenefits to universityExamples
Guest lectureVery low1–2 hTravel costsRecruitment networkingEducation and inspiration for studentsThe Visible Lunch Laramee (2019b) 
Project fair sponsorship/ exhibitionVery low1 dayNoneRecruitment
networking
Employment opportunities for studentsSwansea University project fair Laramee (2019a) 
Joint supervision/ sponsorship of final year/ MSc thesisVery lowAn average of 1 h per week (6 months)NoneTest high risk project(s)
Recruitment
Real-world experience for student, possible employmentHEOR Ltd., QPC
Ltd
Advisory board of funded projectsVery low∼5 h per quarter (up to 5 years)NoneExposure to state-of-the-art research networking
knowledge transfer
Knowledge transfer from industryHEOR Ltd., QPC
Ltd. Digital Health Labs, We Predict Ltd
Joint supervision/ sponsorship of MRes studentLowAn average of 1 h per week (1 year)£4k per yearRecruitment
knowledge transfer
additional labour
test high risk project(s)
Real-world experience for student, possible employmentKESS projects KESS (2019) 
Joint publicationLowA few hours per month (6–12 months)NoneExposure to state-of-the-art
research
knowledge transfer
additional labour
test high risk project(s)
Applied research publications that advance the state of the artPublications: Roberts et al. (2016), Rees et al. (2018), Roberts et al. (2018b), Roberts et al. (2018a), Rees et al. (2019), Roberts et al. (2019), Rees et al. (2020) 
Local conference sponsorship/ exhibitionLow1 dayIn-kind
£100–5k
Recruitment
Networking
Exposure to state of the art
Employment opportunities for studentsEuroVis (2014), Eurographics (2014),
CGVC (2018), EGUK (2018) 
Joint supervision/ sponsorship of PhD studentMedium(3–4 Years)£11k per yearResearch
Access to expertise
Knowledge transfer
Additional labour
Recruitment
Real-world experience for student, possible employmentLeadin UK Ltd., QPC Ltd
Joint KTP, Industrial
Case projects
Medium(12–36 months)£35k per yearResearch
Access to expertise
Knowledge transfer
Additional labour
Real-world project, facilitate larger project, knowledge transfer from industry 
Joint Innovate UK projectMedium(6–24 months)∼£10k–100kResearch
Access to expertise
Knowledge transfer
Additional labour
Real-world project, facilitate larger project, knowledge transfer from industryTraydstream Limited Innovate UK (2018),
QPC Ltd. Innovate UK (2015) 

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