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Technology Strategy Board The role of postgraduate research across modern universities in stimulating technology enabled innovation David Golding Head of Strategy Technology Strategy Board Mark Glover 12th January 2011 What is the Technology Strategy Board? UK national innovation agency set up to invest in business innovation We work across business, universities and government We mostly come from business -150 people with over 2,000 years of business experience We were responsible for investing c. £350m a year Concept to Commercialisation A strategy for business innovation, 2011-2015 Our goal is to accelerate economic growth by stimulating and supporting business-led innovation Our 5 Strategic Focus Areas • Accelerating the journey - concept to commercialisation • Understanding the non-linear journey and how best to support • Connecting the innovation landscape • Developing the strategic relationships we need in UK, EU & Globally • Turning Government action into business opportunity • Where Government procures, regulates, standardises... • Investing in theme areas based on global potential • Building a synergistic programme based on data driven choices • Continuously improving Organisational capability • Impact assessment, metrics, measures, efficiency, effectiveness.. Investing in priority areas based on potential The Toolset Range of Tools with different objectives / characteristics Collaborative R&D Smart Launchpad Innovation Vouchers Collaborative R&D • To facilitate the flow of knowledge between the knowledge base and business and between businesses • To create new R&D partnerships • To support and accelerate the formation of new value and supply chains • To reduce businesses financial and technical risk through funding and collaboration > 80 HEIs involved in projects > 70% projects include at least one HEI, tend to be larger projects c. 20% companies are university spin-/outs c. 30% of investment to HEIs Knowledge Transfer Partnerships Helping businesses to obtain the knowledge needed to improve existing or develop new, products, processes and services. Facilitating the transfer of knowledge between the knowledge base and business through innovation projects undertaken by high calibre, recently qualified, people under the joint supervision of personnel from the business and the knowledge base • Involve >400 departments across 122 UK HEIs and FE Colleges • 63% of associates end up working for the business Location of Business Partner Number of Partnerships 52 5% 103 10% Scotland 10% March 2010 Total 1025 Northern Ireland 5% North East 5% North West 10% West Midlands Wales South West 11% Yorkshire & The Humber 9% 7% 7% 9% 5% 8% 14% 795 78% East Midlands England East Northern Ireland London Scotland South East Wales Data from 2010/11 Annual Report 75 7% Closing the gap between concept and commercialisation • High Value Manufacturing • Connected Digital Economy • Cell Therapy • Future cities • Offshore Renewable Energy • Transport systems • Satellite Applications a £200m investment in the future of the UK economy - for the long term Innovation and Knowledge Centres (IKCs) • To accelerate commercialisation of world-class science and emerging technologies • Co-funded with the Research Councils – Core capabilities in science and technology – Flexible capabilities in companion and enabling technologies – Market analysis and market development capabilities – Facilities and equipment – Ability to dynamically respond to business need – Professional management of knowledge Knowledge Transfer Networks Aerospace, Aviation & Defence HealthTech and Medicines Biosciences Industrial Mathematics Chemistry Innovation Information & Communication Technologies Creative Industries Materials Electronics, Sensors, Photonics Modern Built Environment Energy Generation and Supply Nanotechnology Environmental Sustainability Transport Financial Services Complemented with cross-sector, challenge-led Special Interest Groups such as in Space, Defence and Industrial Biotechnology 13 University engagement in Technology Strategy Board activities Portfolio by value • ⅔ projects involve at least one University partner • RC co-funding contribution £97m (31%) Industry 63% (£524M) Universities 37% (£312M) – CR&D (27%) – KTPs (15%) • Academic membership of KTNs 15-20% • Academic membership of _connect ~18% Benefits of working with business • Experience of working with business and gaining knowledge and understanding of how business operates • Undertake projects in a specific area of technology and the opportunity to address “real world” problems with business relevance • Build contacts with business with possibility of future employment • Expand personal knowledge and experience www.innovateuk.org [email protected]