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World-class Research

RIS3 Workshop, Tartu, Estonia Driving economic growth through innovation Professor Richard B. Davies, Vice-Chancellor Swansea University 17 th October 2017. The role of a research intensive university in productivity growth and regeneration. University Domain. Life- and

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World-class Research

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  1. RIS3 Workshop, Tartu, EstoniaDriving economic growth through innovationProfessor Richard B. Davies, Vice-ChancellorSwansea University17th October 2017

  2. The role of a research intensive university in productivity growth and regeneration University Domain Life- and Career-Enhancing Teaching World-class Research Employability Strategically managed relationships with industry Traditional University Knowledge Economy 21st Century Research Intensive University

  3. Complex Challenges Attract inward investment Support local companies Create companies License IP Ensure employable graduates

  4. Problem 1: A Leadership Gap Technology Readiness Levels TRL 1-3 Research TRL 3-6 Technology development and scale up TRL 6-8 Component and system development TRL 8-9 Commercial implementation University Market PUSH PULL THROUGH PULL

  5. Problem 2: The Myth of Innovation Innovation is NOT a Linear Process Basic Research Applied Research Development Commercialization University Market

  6. Non-Linear Model of Innovation • Quest for Basic Understanding • New Knowledge • Fundamental Ideas Basic Research • Potential Use • Application of Knowledge to • a Specific Subject • “Prototypicalization” • Feedback: • Basic Research • needed for discovery • Search for new • ideas and solutions to • solve longer-term • issues Applied Research • Feedback: • Applied Research • needed to design • new product • characteristics • Solve scaling up • problems • Development of Products • Goods and Services Development Commercialization • Feedback: Market Signals/ • Technical Challenge • Desired Product Alterations • or New Characteristics • Cost/design trade-off

  7. An ambitious journey March 2013

  8. Swansea University: Co-location model R&D Blue Skies Research Applied Research Proto-typing University Industry Skills Basic Research Training Postgraduate Students Manufacture

  9. Science and Innovation Bay Campus Phase 1 opened Sept 2015 ! Total Cost ≈ €500 million ERDF ≈ €70 million EIB ≈ €80 million

  10. World Class Research and Teaching Facilities

  11. Equipment to support industrial scale up & manufacturing

  12. Innovation into commercialisation

  13. Phase 2: Computational Foundry, ERDF €25 million

  14. Swansea City Deal signed: March 2017

  15. Thank you

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