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The role of postgraduate research across modern universities in stimulating technology enabled innovation. Technology Strategy Board. David Golding Head of Strategy Technology Strategy Board. Mark Glover 12 th January 2011. What is the Technology Strategy Board?.
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The role of postgraduate research across modern universities in stimulating technology enabled innovation Technology Strategy Board David Golding Head of Strategy Technology Strategy Board Mark Glover 12th January 2011
What is the Technology Strategy Board? UK national innovation agency set up to invest in business innovation We work across business, universities and government We mostly come from business -150 people with over 2,000 years of business experience We were responsible for investing c. £350m a year
Concept to Commercialisation A strategy for business innovation, 2011-2015 Our goal is to accelerate economic growth by stimulating and supporting business-led innovation
Our 5 Strategic Focus Areas • Accelerating the journey - concept to commercialisation • Understanding the non-linear journey and how best to support • Connecting the innovation landscape • Developing the strategic relationships we need in UK, EU & Globally • Turning Government action into business opportunity • Where Government procures, regulates, standardises... • Investing in theme areas based on global potential • Building a synergistic programme based on data driven choices • Continuously improving Organisational capability • Impact assessment, metrics, measures, efficiency, effectiveness..
The Toolset Range of Tools with different objectives / characteristics Smart Collaborative R&D Launchpad Innovation Vouchers
Collaborative R&D To facilitate the flow of knowledge between the knowledge base and business and between businesses To create new R&D partnerships To support and accelerate the formation of new value and supply chains To reduce businesses financial and technical risk through funding and collaboration > 80 HEIs involved in projects > 70% projects include at least one HEI, tend to be larger projects c. 20% companies are university spin-/outs c. 30% of investment to HEIs
Knowledge Transfer Partnerships Helping businesses to obtain the knowledge needed to improve existing or develop new, products, processes and services. Facilitating the transfer of knowledge between the knowledge base and business through innovation projects undertaken by high calibre, recently qualified, people under the joint supervision of personnel from the business and the knowledge base • Involve >400 departments across 122 UK HEIs and FE Colleges • 63% of associates end up working for the business
Location of Business Partner Number of Partnerships 52 5% 103 10% 75 7% Scotland 10% March 2010 Total 1025 Northern Ireland 5% North East 5% 795 78% North West 10% Yorkshire & The Humber 9% England Northern Ireland Scotland Wales East Midlands 7% West Midlands 11% Wales 7% East 5% London 8% South West 9% South East 14% Data from 2010/11 Annual Report
High Value Manufacturing • Cell Therapy • Offshore Renewable Energy • Satellite Applications Closing the gap between concept and commercialisation • Connected Digital Economy • Future cities • Transport systems • a £200m investment in the future of the UK economy - for the long term
Innovation and Knowledge Centres (IKCs) • To accelerate commercialisation of world-class science and emerging technologies • Co-funded with the Research Councils • Core capabilities in science and technology • Flexible capabilities in companion and enabling technologies • Market analysis and market development capabilities • Facilities and equipment • Ability to dynamically respond to business need • Professional management of knowledge
Knowledge Transfer Networks Complemented with cross-sector, challenge-led Special Interest Groups such as in Space, Defence and Industrial Biotechnology
University engagement in Technology Strategy Board activities • ⅔ projects involve at least one University partner • RC co-funding contribution £97m (31%) • CR&D (27%) • KTPs (15%) • Academic membership of KTNs 15-20% • Academic membership of _connect ~18%
Benefits of working with business • Experience of working with business and gaining knowledge and • understanding of how business operates • Undertake projects in a specific area of technology and the • opportunity to address “real world” problems with business relevance • Build contacts with business with possibility of future employment • Expand personal knowledge and experience
www.innovateuk.org david.golding@tsb.gov.uk