Universities and Innovation - Dr Mark Bacon, Lancaster University


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Universities and Innovation - Dr Mark Bacon, Lancaster University

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  • Cyber security is by its very nature and truly rapid innovation environment. There is a constant arms race with turn around times in the orders of days. Lancaster has been recognised as a centre of excellence in research which gives us the platform to stimulate economic growth in this sector in the regionWe are leading a flagship project for the UK Government but key market failure are preventing SMEs from capitalising on that research to support our key regional sectors.Cyber Security is a Tier 1 National threat. There is a demonstrable skills shortage, market failures in the provision of services and products to key market sectors, barriers to SME entry into key markets and access to innovation. Highlighted risk areas, Advanced Manufacturing and Nuclear.Skills shortage is acute. Cyber security job demand has double in the last year, NAO report highlight systemic failures that will take 20 years to fix.The cyber threat to SMEs is significant. 87% suffered a breach in the last year (up from 76%), the median number of breaches suffered 17 (up from 11), the average cost of the worst incident being between £35k to £65k. In house expertise lacking, external support costs and compliance costs are prohibitively high.A significant economic opportunity. The UK cyber security market is estimated to be £2.8B in 2013 and expected to grow to £3.4B by 2017 with a compound growth rate of 5.7% outstripping the general IT sector ( 2.1% CAGR by 2017). The SME market which is predicted to be the highest growth area (7.5%). Market entry barriers. Missed growth opportunities due to lack of access to appropriate equipment, personnel and facilities (security cleared). Limited access to innovation coupled with poor market awareness and poor strategic and differentiated approaches to markets.
  • Universities and Innovation - Dr Mark Bacon, Lancaster University

    1. 1. Case study: Exploiting the value of university science & technology expertise to underpin local growth Dr Mark A. Bacon Director of Business Partnerships & Enterprise Science & Technology Lancaster University
    2. 2. Lancaster University • University founded in 1964 • 2500 staff, >12,000 students + c.3000 overseas • £185m turnover in 12/13 • £450m capital investment in 10 years • London-based Work Foundation part of LU • Science & Tech >70% of research income • >60% of research in collaboration with users • Business engagement is not a third mission • Strong focus on SME engagement • Significant use of EU structural funding
    3. 3. Co-location of SMEs The Lancaster Environment Centre • Co-located research council research (NERC) • Laboratory, equipment & field site access • 25 resident businesses (cited in Witty Review) • £3.5m business facility funded by ERDF and NWDA InfoLab21 – Computing & Communications • £14m regional investment from NWDA and ERDF • 2000+ new jobs and 250+ start-ups since 2005 • 25 resident businesses within department • EPSRC/GCHQ Centre of Excellence in Cyber-Security Physical Sciences – Engineering, Physics & Chemistry • New £12m building investment for Engineering • Top UK Physics department for research quality • First new chemistry department in UK for 50 years • £10m planned regional investment SME access
    4. 4. SME access to graduate talent Graduate-staffed consultancy teams • Transformational ICT support for companies • Design, rapid and additive manufacturing services • Eco-innovative product development Business-based projects as part of schemes of study • Business-led modules at under/postgraduate levels • ‘Open-top’ sandwich programmes (4th year in industry) • Industry led PhD projects (20) and training centres (4) Business internship programme • Summer vacation placements • ERDF and Santander (Bank) financial support • University manage company employment process
    5. 5. • SME-led Centre for Collaborative R&D • Focus on eco-innovative product development • Universities of Lancaster and Liverpool & Inventya Ltd • 50, 3-year collaborative PhD projects with SMEs • Graduate researcher works in university and SME • Strong export and international focus • Wider programme of business support to 200+ SMEs • £4.8m in ERDF investment in a £9.8m project • Advisory board of LEPs chaired by Sir David King FRS Centre for Global Eco-Innovation
    6. 6. • Delivered a total of 46 ERDF revenue projects • Total combined regional investment of >£73m • Project income in 1998 was £250k • Currently £30m, £21m in Science & Technology • 3 major capital investment projects (+£30m) • 5500 in-depth SME collaborations • 250 start-ups (including spin-outs) • 4375 new jobs created • 4805 jobs safeguarded Regional investment to work with SMEs
    7. 7. ERDF Projects 1999-2014 Project Dep Project Value New Jobs Created Increased Sales SMEs Assisted Knowledge Economy Initiative 1 Computing £1.57m 123 £13.59m 200 Knowledge Economy Initiative £2.07m 80 £5.76m 144 InfoLab21 Graduate Academy £2.35m 120 £4.51m 161 ISTEP £2.42m 39 NA NA ISIS £3.47m 144.8 NA NA ISIS Extension £5.90m 201 NA 304 Virtual Prototyping Engineering £1.70m 131 £20.06m 162 Rapid Manufacturing £1.33m 184 £22.15m 131 Cas:Cade £2.13m 80 £6.26m 132 SusDRaM £1.96m 22.5 NA NA SusDRaM Design Academy £1.71m 43 NA 128 Learning Tourism Environment £1.03m 78 £2.63m 110 Desire 3 £1.33m 50 £11.96m 88 Learning Tourism Plus £0.99m 0 NA 95 NW Eco-Innovation Programme £3.30m 125.9 NA NA Desire £0.47m 65 £6.38m 61 Centre for Global Eco-Innovation £9.87m NA NA NA Totals for Science & Technology £43.60m 1487 £93.32m 1716 Totals for rest of University £12.61m 795 £59.94m 424 Total £56.21m 2,282 £153.26m 2,140
    8. 8. ‟ [our] survey of companies provided a comprehensively positive feedback on their experience of dealing with Lancaster University. 98% of companies stated that they anticipate seeking support from Lancaster University again in future should a need arise” “If we take into account the [SME] projected GVA for every £1 invested (in the projects), £15.80 is generated in the Northwest economy. A comparative analysis against similar interventions within the thematic areas of ‘sector/cluster support’ and ‘Science, R&D and innovation infrastructure’, identifies these similar interventions deliver a return on investment of £8.3- 8.7 for every £1 invested. Therefore, the [Lancaster] projects deliver a greater return on investment to the Northwest economy”. Our economic impact
    9. 9. • Long-standing engagement with Local Authority and LEP • Rebalance from consultancy support to collaborative R&D • Investment proposals in world-class research areas • Collaborate (HEIs, public and corporate) • Address national technology and sector priorities • Grow corporate partnerships • Focus on technology-based SMEs • Join up innovation support and skills development • Think big – but realistically: £90m of investment • E.g. Cyber Security & Quantum Technology LEP engagement in ESIF and growth deal investment
    10. 10. • Lancaster Physics ranked number 1 in UK for research • Quantum Technology Partnership in 2009 • Borne from a strategic partnership with QinetiQ • Lancaster Quantum Technology Centre est. in 2009 • Historic cluster of companies in the Northwest • Co-location of first US company into facilities in 2013 • £270m available nationally to support a hub network • Launch of our first new facilities in May 2014 • Higher level skills training and facilities (LEP focus) • Requirement for manufacturing facilities (LEP focus) Quantum Technology
    11. 11. • Academic Centre of Excellence in cyber security research • Run annual SME cyber business growth conference • Tier 1 national security threat with major skills shortage • High growth market: £3.4b by 2017 growing at 5.7% • Support to high value/vulnerable sectors • Secure high-tech facilities for new product development • Shared academic/SME/corporate/HMG facilities • Creation of new businesses • Priority in proposed growth deal allocation Cyber Security
    12. 12. The future Innovation Campus • Land purchased and owned by local authority • 11 ha site with planning permission • Partnership with Lancashire County and City Council • Feasibility studies in progress • Significant focus for new structural fund programme • Development of an integrated ‘innovation campus’ Wave 2 City Deal Growth Hubs • Management of £32m Regional Growth Fund • 15 Business Growth Hubs across England • Led by Lancaster University Management School • Partnership with BIS and Cabinet Office • August 2013 – June 2015 • A national innovation network on which to build
    13. 13. Leverage of our global reach • HEFCE Catalyst fund bid for £3.5m in 2013 • R&D partnerships with UK and Chinese businesses • £5.1m programme with £720k from UK SMEs • £ support also from Lancashire County Council • Guangdong Dept of Science & Technology co-fund • Dedicated managements teams in UK and China • Postgraduate teams to support R&D partnerships • MSc programmes: technology, design, management • Run-up to proposed Lancaster-Guangwei University
    14. 14. Thank you Dr Mark A. Bacon Director of Business Partnerships & Enterprise in Science & Technology Lancaster University m.a.bacon@lancaster.ac.uk @MarkABacon