Innovation Presentation to the EEESTA Seminar 10 November 2004 Patrick Robinson Director Innovation Strategy Team, DTI Competing in the Global Economy:

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Presentation transcript:

Innovation Presentation to the EEESTA Seminar 10 November 2004 Patrick Robinson Director Innovation Strategy Team, DTI Competing in the Global Economy: The Innovation Challenge

Innovation Dramatic Change in Life Cycle Conventional Volume Intro- duction Ramp-up Maturity End of life Development Dramatic end of life Shorter time to market Fast ramp-up Demand fluctuation Higher peak New Digital Consumer 3-5 years 1 year Source: Dr Tsugio Makimoto - Hitachi/Sony

Innovation The innovation challenge - create value in a knowledge economy …

Innovation Source: US Department of Labor Increasing intensity of global competition UKHong Kong SARTaiwan Hourly compensation costs, 2001, for production workers in manufacturing in US dollars

Innovation The Government’s Response Competing in the Global Economy – the Innovation Challenge, Dec 2003 Increase Business Demand for New & Emerging Technologies The Technology Strategy & Programme Science & Innovation Investment Framework , July 2004

Innovation Innovation Report – Key Proposals Management & skills Public Procurement Technological Innovation Strategy International and EU Regional Innovation Regulation National assets

Innovation TECHNOLOGYPROGRAMME Collaborative R&D Knowledge Transfer Networks CUSTOMERS BI-ANNUAL CALLS FOR PROPOSALS TECHNOLOGY STRATEGY IDENTIFICATION AND JUSTIFICATION OF TECHNOLOGY PRIORITIES NETWORKS NETWORKS feed into decision making Technology Strategy & Programme

Innovation Intellectual Property: Awareness Business Advice Open Days

Innovation New approaches to Procurement £109bn pa goods/services purchased by Government in 2001/2002 Strong Ministerial interest in joined up work across government Capturing Innovation guidance for policymakers Reinvigoration of Small Business Research Initiative underway Joint DoH/DTI seminar on Innovation in the NHS for suppliers and buyers

Innovation HEIs/ SET Base Business RDAs Research Councils dti Technology Strategy Research Priorities Culture change needed for better exploitation Science and Industry Councils Business support Higher level SET skills Regional Innovation

Innovation Measuring our success  Businesses see more value added from goods and services  Economy sees more productivity (e.g. output per hour).  Better public services - - Improved quality of life

Innovation Presentation to the EEESTA Seminar 10 November 2004 Patrick Robinson Director Innovation Strategy Team, DTI Competing in the Global Economy: The Innovation Challenge