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Observatory of Innovation Wales The National Assembly for Wales, sitting in Cardiff, first elected in 1999, is elected by the Welsh people and has its powers defined by the Government of Wales Act 1998 Economy of Wales • Parts of Wales have been heavily industrialised since the eighteenth century. Coal, copper, iron, lead, and gold have been mined in Wales, and slate has been quarried • Light engineering is still an important activity in the main population areas of the South and extreme North-East, but the economy, as elsewhere in the UK, is now focused on the service sector Some Facts • Population: 2,903,085 • GDP per head as a percentage of the EU15 average: 82.4 • Over a fifth (21 per cent) speaks Welsh, nearly a quarter (24 per cent) can understand Welsh • 4 in 5 of working age have a qualification (including A levels & GCSEs) • 78% per cent of men and 68% of women economically active • 6% unemployment rate • Up to 1/4 in low-income households Observatory of Innovation The Observatory of Innovation at Cardiff University is located in the Cardiff Business School one of the largest and most successful Business Schools in Britain The Observatory of Innovation was established in 1996 with the objective; “To observe, analyse and advise on innovation and regional development policy and practice in Wales, the UK, Europe and beyond.” The Observatory carries out research, consultancy and project management on innovation and economic/sustainable development across Europe The Team • Meirion Thomas • Martin Rhisiart • Yannis Pierrakis • Andrew Osborne • Suzanne Jones Director Deputy Director Research Associate Communications Executive Administrator The Observatory has an excellent track record in forming strong alliances and working partnerships. At the EU level, many of the Observatory’s programmes require close partnerships with institutions and bodies of all types and from different backgrounds Key Projects Current • Metaforesight • NPD Network • Sustainable Development Executive Leadership (SDEL) • Culture, Language and Economic Development • Futurreg Key Projects Completed • • • • • • • Innovative Actions (TASK) ERSDN Autochain Mobilising Regional Foresight Potential VERITE FOREN Innoregio Observatory income generation 2002 – 2004: £779,228 Forthcoming Developments • • • • Futurreg Programme Appointment of a new staff Redesign of website Relocation Cardiff, a rapidly changing city