Birmingham & Solihull with East Staffordshire, Lichfield & Tamworth LEP Bid “Our vision is...

Birmingham & Solihull with East Staffordshire, Lichfield & Tamworth LEP Bid

“Our vision is to create and support a globally competitive knowledge economy, the natural home for

Europe's entrepreneurs and wealth creators”

The opportunity to innovate through partnership

The future of Science Parks? Science Parks without walls – the key to growth?

Dr David J HardmanChief Executive Officer

Urban locations Urban locations in New Century Citiesin New Century Cities

Social evolution changingSocial evolution changingthe way we workthe way we work

BCC-owned – economic regeneration objectivesBCC-owned – economic regeneration objectives

“Our vision is to create and support a globally competitive knowledge economy, the natural home for Europe's

entrepreneurs and wealth creators”

Greater Birmingham and Solihull LEP

Birmingham a power-house of the industrial revolution

With the decline the old economies With the decline the old economies the need is to import knowledge the need is to import knowledge economy competences so to catalyse economy competences so to catalyse growth growth

““The key to future success in a knowledgeThe key to future success in a knowledge based, high based, high value-added economy isvalue-added economy is whether a city can continuously whether a city can continuously innovate ininnovate in products, processes and services.”products, processes and services.”

Birmingham’s Big City Plan Sept 2010Birmingham’s Big City Plan Sept 2010

Achieve greater efficiency and productivity at lower cost

Address and deliver a faster rate of change in a ‘connected’ world

Reduce environmental impact

In today’s world businesses need to:

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Science parks stimulate and accelerate innovation through Science parks stimulate and accelerate innovation through agglomeration of talent, technology and finance creating knowledge-agglomeration of talent, technology and finance creating knowledge-based communities operating within a geographic locationbased communities operating within a geographic location

BSPA’s approach to promoting the BSPA’s approach to promoting the knowledge-economy is to focus on knowledge-economy is to focus on constructing and supporting communities not just buildingsconstructing and supporting communities not just buildings

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BSPA driving Birmingham’sKnowledge Economy

Mentors Property

People Place

Finance Technology

Angels Knowledge Transfer

Netw

orks Grants VCs

Science Park

Without W

alls

Virtual Services

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“Networks have long been a progenitor of radical change in business. Networks of canals, rails and highways fomented a huge economic shift over a century ago”

Global Innovation Management: A strategic Approach. J.C Westland. Palgrave MacMillan, University of Illinois at Chicago. 2008

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The availability quality and efficiency of the web infrastructure determines the

strength of digital communities

The strength of digital communities determines the pace of innovation

The pace of innovation determines the effectiveness of the ‘place’

Science Parks Without WallsScience Parks Without Walls Drive three fundamental shifts in thinking from:

Geography-based to community-driven entities

Locally processed innovation to borderless innovation

Technology-driven to technology-enabled spaces

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Addressing the aspirations and work patterns of the entrepreneurs for the future

Embracing a ‘place’ as being driven by a sense of belonging, a sense of ‘place’not a geographically bounded location

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In a truly digital world there are no boundaries

.... so why do science parks have walls?

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Science Parks Without WallsScience Parks Without Walls

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‘‘Places’ Places’ where creative minds come together where creative minds come together toto think differently think differently

to to forge new alliancesforge new alliancestoto do new things do new things

toto develop new technology-derived businesses develop new technology-derived businesses

Cosmopolitan Digital PortsCosmopolitan Digital Ports

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Aggregating competences by shrinking geographies Aggregating competences by shrinking geographies to generate critical massto generate critical mass

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Ideas and Communications SuiteIdeas and Communications Suite

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Ideas and Communications SuiteDelivery Partners

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Ideas and Ideas and Communications Suite 2011Communications Suite 2011

Exemplify the utility of access to collaboration platforms in catalysing: establishment and growth of new technology-based ventures, the development of SMEs reduction in international travel by SMEs and larger corporates

define and demonstrate the role of virtual place in expanding the relative dimensions of the science park model beyond their geographic boundaries:–

the science park without walls

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Ideas and Ideas and Communications Suite 2011Communications Suite 2011

A video platform for an “International Investment Forum”

Geography-independent mentoring and NEDs to support first-time entrepreneurs

Sector-specific globalisation days

Link to other international centres of innovation through Cisco’s “Global Exchange for Growth”

Linking Commercial and Public Sector leaders engaging in regeneration talks to exemplify low cost efficient meetings with low CO2 emissions

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Flexible Work business incubationExtension of Faraday Wharf

Location Independent Work Centre“Global Village”

TM

Place

Offering Science Park Without Walls

Networked Virtual Innovation Centres

Distributed services acrossspecialist centres basedwithin science parks and

Innovation centres

TM

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Science Parks fit for 2020 Science Parks fit for 2020

www.bsp-a.comwww.bsp-a.com