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How should universities drive innovation in the region?
Professor Nick Petford
Pro Vice-Chancellor (Research and Enterprise)
www.bournemouth.ac.uk
Where are we?
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RDAs and universities should "drive economic growth" – Mandelson (07 January 2010)
• 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
SWRDA investment• £30 million in university-linked
Innovation Centres across the region
• £300 million S-Park development (Bristol, Bath and UWE)
• £4 million UK's first National Composites Centre (Bristol University)
• SW first low carbon economic area - renewable energy research (Plymouth University)
"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"
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Two key Questions
• Do Universities really drive ‘industrial innovation’ at regional or national levels?
• What exactly do we mean by innovation anyway?• Proximity to a university associated with growth of
high tech industries (Silicon Valley, Route 128 Massachusetts)
• Complex process linking industry, government and academia via generation-diffusion-implementation
• More about removing barriers than setting targets
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Measuring Innovation
• Innovation Inputs• government and fiscal policy, education policy
and the innovation environment• Innovation Outputs
• patents, technology transfer, business performance, labour productivity and total shareholder returns
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University income by funder (mostly inputs)
0
200
400
600
800
1,000
1,200
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
Inco
me
(£
M)
Academic year
Public and third-sector organisations
Not elsewhere classified
Large business
SMEs
Individuals
HEBCI- HEFCE 2008-9
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Income by funder and activity
0
100
200
300
400
500
600
700
800
900
1,000
Contract research Consultancy contracts
Facilities and equipment-related
services
CPD IP income
Inc
om
e (£
M)
Activity
SMEs
Other (non-SME) commercial businesses
Non-commercial organisations
HEBCI- HEFCE 2008-9
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NESTA Innovation Index, 2009
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What matters to firms most?
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Worlds top 10 most innovative* countries and companies
1 Singapore
2 South Korea
3 Switzerland
4 Iceland
5 Ireland
6 Hong Kong
7 Finland
8 United States
9 Japan
10 Sweden
1. APPLE - Products
2. GOOGLE - Customer Experience
3. TOYOTA MOTOR - Processes
4. GENERAL ELECTRIC - Processes
5. MICROSOFT - Products
6. TATA GROUP - Products
7. NINTENDO - Products
8. PROCTER & GAMBLE - Processes
9. SONY - Products
10. NOKIA - Products
*Global Innovation Index The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing Institute (MI)
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The Big Society
• Opportunity to reshape University role as innovation drivers
• Shift in emphasis from business innovation (products) to services innovation• Charities• Civil Society• Social Enterprise
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Differentiated Innovation Offer
Technology Innovation
Ser
vice
s In
no
vati
on
High
Low
HighLow
A
B
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The Future?
• More focus on ‘soft’ innovation (developing people to develop the widgets?)
• Innovation through interpretation of technological opportunities as solution for business needs*
• Development of social capital for good of the region
* Chakrabarti & Lester (2004)
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Contact BU
Web
www.bournemouth.ac.uk/business-services
Telephone
01202 961961
