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John Hand. DIGITAL ECONOMY. WHY DIGITAL ECONOMY NOW?. Advances from ICT and the impact it can have is a major contributor to national economies and wealth ICT industry has changed: 20% of R&D is about new technology 80% is about applying it
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John Hand DIGITAL ECONOMY
WHY DIGITAL ECONOMY NOW? • Advances from ICT and the impact it can have is a major contributor to national economies and wealth • ICT industry has changed: 20% of R&D is about new technology 80% is about applying it • Delivery of the Digital Economy is not just about computer science • Highlights from International Review, IRC Review and World Bank report point to the opportunities.
WHAT IS THE DIGITAL ECONOMY? • The transformational impact that ICT has on every single aspect of business government and society. • Processes, mechanisms and facilities for capture and manipulation of knowledge, understanding: • Why • For whom • What are the effects • The Digital Economy will facilitate a new community of researchers with a user driven focus and multidisciplinary approach to research in the Digital Economy
EXAMPLES • Research in the DE space will be defined by the effect that the research has this might be its understanding why its needed and who for: • Increased embedding of travel functions into Mobile phones. • Issues around music in the creative industries, what other paradigm shifts are possible – both +ve and –ve. • Realising the full impact of new opportunities through ICT means accessing all of society – what are the barriers and considerations?
MULTIDISCIPLINARY APPROACH • RCUK Cross Council Priority • Engaging a broad range of disciplines • EPSRC, MRC, ESRC and AHRC • Target other partners including TSB • Consider other routes to engage
BUILDING ON KEY STRENGTHS • International Review identified ‘World Class’ ICT research Community. • Sound base in multidisciplinary projects in the ICT area through IRCs • Review identified outstanding research • Strong links with industry • Cohort of researchers who ‘think’ in a different way. • Investment in developing area of Complexity • Digital Economy will take this to the next level across a broad range of disciplines.
Healthcare Creative Industries Transport £53M Large Scale, User Driven Multidisciplinary Research Hubs WHAT WILL WE DO? PEOPLEUp to 5 Doctoral Training CentresUser and Cross Discipline Focus Fellowship Signposting £25M Engagement with ‘New Industries’ Underpinning Research Signposting Through Responsive Mode £25M Pump Priming Activity