PARTNERSHIPS between the University of Strathclyde and business and industry will boost the economy at home and abroad by £1.4 billion over the next 10 years, a study has found.

The report, which said the university's research collaborations would nearly double in the next decade, came as a topping-out ceremony was held at Strathclyde's new technology and innovation centre in Glasgow.

It is claimed the £89 million facility would transform the way universities, business and industry collaborate in sectors such as power and energy, health, and high-value manufacturing. A study by Biggar Economics said it would have an annual economic impact of £64.5m by 2021-21.

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Strathclyde principal Sir Jim McDonald said: "The Technology and Innovation Centre will play a critical role in supporting our core industry partners, attracting innovative businesses to the city and forging new levels of collaboration between researchers, the public and private sectors."