1 / 20

Developing a Smart, Successful Scotland

Charlie Woods - Scottish Enterprise World Bank Seminar Riga - 8 June 2004. Developing a Smart, Successful Scotland. Introduction. Scotland – background Strategic Challenges ‘Smart, Successful Scotland’ Strategy into action. Scotland. Inverness. Aberdeen. Dundee. Edinburgh. Glasgow.

luella
Download Presentation

Developing a Smart, Successful Scotland

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Charlie Woods - Scottish Enterprise World Bank Seminar Riga - 8 June 2004 Developing a Smart, Successful Scotland

  2. Introduction • Scotland – background • Strategic Challenges • ‘Smart, Successful Scotland’ • Strategy into action

  3. Scotland Inverness Aberdeen Dundee Edinburgh Glasgow Area 79,000 sq km Population 5mn GDP €115bn Employment 73%

  4. Output Output

  5. Output Share of GDP

  6. Output

  7. Manufactured Exports Source: SCDI

  8. Manufactured Exports

  9. Research potential

  10. Key strategic issues for Scotland Strengths Weaknesses • output growth • domestic demand • productivity • business starts • growth/global firms • business R&D • skills demand • excluded communities and individuals • some world class firms • key industries • existing and emerging • research base • graduate output • international reputation • international cities • rural environment • identity/size Opportunities Threats • new technologies • new international markets/partners • more sophisticated consumers • pace of change • global upturn • price competition • emerging competitors • obsolete skills • population change • decline/ageing • global uncertainty

  11. Productivity Income ‘Cumulative Causation’even more potent in the knowledge economy Migration New starts Skills Innovation R&D HQs

  12. Global Connections • greater digital connectivity • increased global involvement • a globally attractive location • more people choosing to live and work in Scotland • Learning & Skills • improve the operation of the labour market • the best start for all young people • narrow the unemployment gap • improve demand for high quality in-work training • Growing Business • greater entrepreneurial dynamism and creativity • more e-business • increased commercialisation of research and innovation • global success in key sectors Long term aspiration - top quartile OECD Top quartile 2nd Quartile 3rd Quartile 4th Quartile Themes and Priorities Smart, Successful Scotland Measurement Framework

  13. Absolute size of gap £7,000 Scottish economy performance gap summary(distance from average of OECD* top quartile) 14,000 133,700 £930mn £4.25/hr 140 Euros £1,985mn 209,000 27,000 99,000 38,000 144,000 115,000 % * or nearest available comparator

  14. The Scottish Enterprise Network • Purpose: a strong economy - sustainable economic growth • Pursuing national priorities - sensitive to local needs and opportunities • Addressing ‘market failure’ • Focussed on the customer • Working with partners • A catalyst for more/better/faster investment • Finance/knowledge/connections • Projects integrated for maximum impact

  15. Growing Business • greater entrepreneurial dynamism and creativity • more e-business • increased commercialisation of research and innovation • global success in key sectors Growing Business: Priorities and Projects • Stimulating commercially successful innovation • e.g. Intermediary Technology Institutes (Energy, Life Sciences, Techmedia), Proof of Concept, Enterprise Fellowships, R&D incentive • Realising high growth potential in companies • e.g. account/client management, Co-investment fund, investment readiness, high growth start up unit, advanced e-business • Stimulating greater entrepreneurial activity • e.g. Business Gateway Industry focus for integrating action • Energy, Biotech, Microelectronics, Tourism, Financial Services, Food & Drink, Forest products, Creative Industries Headline progress measures 2004/05 • Business starts 9,000 - 10,000 • High growth starts 150 - 200 • Account managed improvements 340 - 400 • Knowledge transfer 100 - 120 2004/05 budget £125 - 135mn

  16. Global Connections • greater digital connectivity • increased global involvement • a globally attractive location • more people choosing to live and work in Scotland Global Connections: Priorities and Projects • Supporting and attracting global businesses • e.g. ‘knowledge-in/knowledge-out’, Scottish Development International, Global Companies Development programme • Global business infrastructure • e.g. ‘Broadband for Scotland’, Route Development Fund • Major strategic place development • e.g. Investment plan (Clyde Regeneration, ‘St Andrews World Class’ etc) • Attracting and retaining talented people • e.g. Talent Scotland, ‘Fresh Talent’ Headline progress measures 2004/05 • Business Internationalisation 720 - 850 • High value Inward Investment 1,000 -1,300 2004/05 budget £125 - 135mn

  17. Learning & Skills • improve the operation of the labour market • the best start for all young people • narrow the unemployment gap • improve demand for high quality in-work training Learning & Skills: Priorities and Projects: • Realising workforce potential • Young People - MAs, Skillseekers, Get Ready for Work, career education • Adults - MAs, Training for Work, PACE, career education • Business - BLAs, IiP, industry skill plans • Reducing information failures in the labour market • e.g. All age careers planning and support, Future Skills Scotland • Stimulating an enterprise culture • e.g. Enterprise in Education Headline progress measures 2004/05 • Career planning 175,000 - 190,000 • Occupational Training 41,000 - 46,000 • Positive Outcomes from training 16,000 - 19,000 • SME workforce development 2,300 - 2,600 2004/05 budget £185 - 195mn

  18. Cross cutting priorities • Sustainable Development • increased resource productivity • new ‘green’ business opportunities • Social Justice • stimulating employment opportunities close to under-performing areas • helping people close to the labour market access opportunities • Rural Development • ‘mainstream’ programmes tailored to market failures and unrealised potential in rural areas • Transport • economic intelligence for transport investment • incentives to ‘prove’ new routes • Equal opportunities • addressing unrealised economic potential e.g. business starts by women

  19. Global Connections • greater digital connectivity • increased global involvement • a globally attractive location • more people choosing to live and work in Scotland • Learning & Skills • improve the operation of the labour market • the best start for all young people • narrow the unemployment gap • improve demand for high quality in-work training • Growing Business • greater entrepreneurial dynamism and creativity • more e-business • increased commercialisation of research and innovation • global success in key sectors ‘BioDundee’ Making the connections Colleges Biotech Consortium Life Sciences ITI Proof of Concept Fund (36% Biotech)

  20. Making the connections Skills & Learning Global Connections Growing Business Private Partners Sustainable Economic Growth Scottish Enterprise Network Public Partners (EU Partnerships, Local Government, Funding councils etc) Infrastructure Planning Education Research

More Related