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Visitors & Friends
The University's economic impact
The University is committed to its integral role in the economic life of the city and region:
- The University, its colleges and Oxford University Press (OUP) are, together, the largest employer in Oxford and second largest employer in Oxfordshire, supporting more than 18,000 jobs and injecting £750 million annually into the regional economy.
- More than nine million tourists, attracted by the University, visit Oxford each year, spending £589 million and supporting 13,700 jobs.
- Oxfordshire’s growth rate in high-tech jobs is the highest in the UK – many connected to the University.
- Student society, Oxford Entrepreneurs, is the largest free business society in Europe.
Lambert Review of Business University Collaboration
Widely regarded as one of the best technology transfer offices in the country
Spin-outs from Oxford
Isis Innovation is the University’s wholly-owned technology transfer company and has spun out 70 companies since 2000. Oxford Instruments, spun-out in 1959, is now a global leader in high-tech industry tools and systems, employing more than 1,900 people in 13 countries.
University researchers invent and develop technologies that Isis commercialises by licensing and formation of spin-out companies, drawing investment to the region and creating jobs. Local companies also have access to academic consultancy and services, facilitated by Oxford University Consulting, which is a part of Isis.