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Lambert Review, the Glossary

Index Lambert Review

The Lambert Review of Business-University Collaboration was a report by Richard Lambert published by Her Majesty's Treasury in the United Kingdom in 2003, which made "a series of recommendations aimed at smoothing out the path between Britain’s strong science base and the business community".[1]

Table of Contents

  1. 13 relations: Business, Commercialization, Feedback, HM Treasury, Innovation, Knowledge transfer, Management, Production line, Research, Richard Lambert, Stakeholder (corporate), United Kingdom, University.

  2. Business analysis

Business

Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services).

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Commercialization

Commercialization or commercialisation is the process of introducing a new product or production method into commerce—making it available on the market.

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Feedback

Feedback occurs when outputs of a system are routed back as inputs as part of a chain of cause-and-effect that forms a circuit or loop.

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HM Treasury

His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a ministerial department of the Government of the United Kingdom.

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Innovation

Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.

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Knowledge transfer

Knowledge transfer refers to transferring an awareness of facts or practical skills from one entity to another.

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Management

Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body through business administration, nonprofit management, or the political science sub-field of public administration respectively.

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Production line

A production line is a set of sequential operations established in a factory where components are assembled to make a finished article or where materials are put through a refining process to produce an end-product that is suitable for onward consumption.

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Research

Research is "creative and systematic work undertaken to increase the stock of knowledge".

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Richard Lambert

Sir Richard Peter Lambert (born 23 September 1944) is a British journalist and business executive.

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Stakeholder (corporate)

In a corporation, a stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland.

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University

A university is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines.

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See also

Business analysis

References

[1] https://en.wikipedia.org/wiki/Lambert_Review