Bridging the gap between domain of research and locus of impact: An examination of the UK's research excellence framework

- Purpose

This paper examines the relevance of academic research in business and management studies

stream to various stakeholders. Stakeholder theory is used to examine the influence of

research on various key beneficiaries and investigate the link between the domain of research

and locus of impact.

- Design/methodology/approach

Research Excellence Framework 2014 (REF 2014) conducted in the UK provides a useful

context and data for our research as REF 2014 encouraged universities to submit the

information on research activities and their beneficiaries. This information is in the form of

impact case studies which details the research, location of research and beneficiaries.

- Findings

The findings suggest that research with an international focus has a positive impact on

industry stakeholders, especially multinational corporations as well as non-governmental

organizations. Secondly, it shows how research has made a commercial impact in innovation

and small and medium enterprises’ growth while having limited impact on other domains

such as social, legal, political and healthcare. More broadly, the findings indicate the degree

of regional diversity. Also, the wider results-driven agenda in the UK can overestimate the

research contribution to some stakeholders in the society.

- Research limitations/implications

Self-selection bias as universities might submit only few case studies.

- Practical implications

For research to generate long-term benefits for the wider society, it needs to engage more

deeply with the whole range of stakeholders.

- Originality/value

This study contributes to understanding how research is consumed by stakeholders. The

results indicate that while locally relevant research encourages local consumption; it is not

assimilated across various stakeholders.