Based upon robust data, we now know that the University contributes nearly £900 million of output to the UK economy, £474.5 million to UK GDP and supports 8,769 FTE jobs. The value to the South West, to our two Local Enterprise Partnership areas, and to the city of Plymouth is no less profound and far-reaching. Whether in the form of direct expenditure, indirect supply chain impact or benefits in kind through public activity (where over 40 per cent of staff contributed to public engagement and widening participation events), the University is a key player in the regional economy and truly embedded in the cultural landscape.
Universities are so much more than degree-awarding seats of learning. They are drivers for economic innovation and advancement, catalysts for social change and champions of cultural development. This impact report demonstrates compelling evidence of all three in our varied activities. Our sincere thanks to Viewforth Consulting for conducting this in-depth and extensive survey.
Professor Judith Petts CBE
Vice-Chancellor
University of Plymouth
The University’s economic and social impact was marked at an event on 6 July 2018, where the role and value add of universities in civic society was discussed.
News: University of Plymouth unveils socio-economic impact study at special event on ‘civic universities’
The report is a summary of an extensive study of the economic, social, and cultural impact that the University of Plymouth has upon its communities.
It presents a number of key findings and provides an overview of some of the many and varied ways in which the University, its staff and students, generate economic benefit and wider social and cultural value.
