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Oxford University ‘contributes more than £15bn to economy’

Image: SIHASAKPRACHUM, via Shutterstock

London Economics research puts figure on annual value of institution’s activities

The University of Oxford contributed £15.7 billion to the UK economy in 2018-19, according to a report published by an economic research consultancy.

The analysis, published by London Economics on 6 October, suggested that the university’s research and knowledge activities alone contributed £7.9bn to the economy, including £3.4bn generated through the licensing of intellectual property to other organisations.

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