How should universities drive innovation in the region?<br />Professor Nick Petford<br />Pro Vice-Chancellor (Research and...
Where are we?<br />
RDAs and universities should "drive economic growth" – Mandelson (07 January 2010)<br />Innovation is the key to staying c...
Two key Questions<br />Do Universities really drive ‘industrial innovation’ at regional or national levels? <br />What exa...
Measuring Innovation <br />Innovation Inputs<br />government and fiscal policy, education policy and the innovation enviro...
University income by funder (mostly inputs)<br />HEBCI- HEFCE 2008-9<br />
Income by funder and activity<br />HEBCI- HEFCE 2008-9<br />
NESTA Innovation Index, 2009<br />
What matters to firms most?<br />
Worlds top 10 most innovative* countries and companies<br />Singapore<br />South Korea<br />Switzerland<br />Iceland<br />...
The Big Society<br />Opportunity to reshape University role as innovation drivers<br />Shift in emphasis from business inn...
Differentiated Innovation Offer<br />High<br />ServicesInnovation<br />Low<br />High<br />Low<br />Technology Innovation<b...
The Future?<br />More focus on ‘soft’ innovation (developing people to develop the widgets?)<br />Innovation through inter...
Contact BU<br />	Web<br />www.bournemouth.ac.uk/business-services<br />	Email<br />business-services@bournemouth.ac.uk<br ...
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Keynote nick petford, pvc bu - how should universities drive innovation in the region

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Keynote nick petford, pvc bu - how should universities drive innovation in the region

  1. 1. How should universities drive innovation in the region?<br />Professor Nick Petford<br />Pro Vice-Chancellor (Research and Enterprise)<br />
  2. 2. Where are we?<br />
  3. 3. RDAs and universities should "drive economic growth" – Mandelson (07 January 2010)<br />Innovation is the key to staying competitive, says Lord Mandelson, with RDAs and universities forming a critical partnership in making business success out of first class research and ideas<br />SWRDA investment<br />£30 million in university-linked Innovation Centres across the region<br />£300 million S-Park development (Bristol, Bath and UWE)<br />£4 million UK's first National Composites Centre (Bristol University)<br />SW first low carbon economic area - renewable energy research (Plymouth University) <br />"Over recent years we have built up the basic skeleton of an industrial innovation system in the UK. We have the rapidly growing outreach of our universities into business, RDA investment in innovation centres, the setting up and expansion of the Technology Strategy Board, and the recent decisions to establish industrial centres of excellence in a range of technologies" <br />
  4. 4. Two key Questions<br />Do Universities really drive ‘industrial innovation’ at regional or national levels? <br />What exactly do we mean by innovation anyway?<br />Proximity to a university associated with growth of high tech industries (Silicon Valley, Route 128 Massachusetts)<br />Complex process linking industry, government and academia via generation-diffusion-implementation<br />More about removing barriers than setting targets<br />
  5. 5. Measuring Innovation <br />Innovation Inputs<br />government and fiscal policy, education policy and the innovation environment<br />Innovation Outputs<br />patents, technology transfer, business performance, labour productivity and total shareholder returns<br />
  6. 6. University income by funder (mostly inputs)<br />HEBCI- HEFCE 2008-9<br />
  7. 7. Income by funder and activity<br />HEBCI- HEFCE 2008-9<br />
  8. 8. NESTA Innovation Index, 2009<br />
  9. 9. What matters to firms most?<br />
  10. 10. Worlds top 10 most innovative* countries and companies<br />Singapore<br />South Korea<br />Switzerland<br />Iceland<br />Ireland<br />Hong Kong<br />Finland<br />United States<br />Japan<br />Sweden<br />APPLE  - Products<br />GOOGLE - Customer Experience<br />TOYOTA MOTOR - Processes<br />GENERAL ELECTRIC - Processes<br />MICROSOFT - Products<br />TATA GROUP - Products<br />NINTENDO - Products<br />PROCTER & GAMBLE - Processes<br />SONY - Products<br />NOKIA - Products<br />*Global Innovation Index The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing Institute (MI) <br />
  11. 11. The Big Society<br />Opportunity to reshape University role as innovation drivers<br />Shift in emphasis from business innovation (products) to services innovation<br />Charities<br />Civil Society<br />Social Enterprise <br />
  12. 12. Differentiated Innovation Offer<br />High<br />ServicesInnovation<br />Low<br />High<br />Low<br />Technology Innovation<br />
  13. 13.
  14. 14. The Future?<br />More focus on ‘soft’ innovation (developing people to develop the widgets?)<br />Innovation through interpretation of technological opportunities as solution for business needs*<br />Development of social capital for good of the region<br />* Chakrabarti & Lester (2004)<br />
  15. 15. Contact BU<br /> Web<br />www.bournemouth.ac.uk/business-services<br /> Email<br />business-services@bournemouth.ac.uk<br /> Telephone<br /> 01202 961961<br />

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