Www.swansea.ac.uk Creating a Sustainable Engine for Economic Development Presentation by IP Wales® Andrew Beale & Gareth Davies.

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Presentation transcript:

Creating a Sustainable Engine for Economic Development Presentation by IP Wales® Andrew Beale & Gareth Davies

Bridging the gap to create a Knowledge Economy The “Invention” The “Market” Product People Innovation Research and Development Education Skills and Training Support Infrastructure Marketing Culture Management Intellectual Property Finance and Resources

The Knowledge Economy Three Key Pillars of the Knowledge Economy are: 1. Economic and Information Infrastructure 2. Human Capital and Education 3. Innovation System J.F.Rischard World Bank

Technium Concept Infrastructure The Technium Project provides an infrastructure to support a sustainable knowledge economy in Wales Human Capital Technium works closely with HE and FE to develop a skilled workforce which will sustain a growing regional knowledge economy Innovation Technium encourages a spirit of innovation in existing, emerging and inward-investing companies & promotes specialist support projects such as IP Wales®

Technium “ The mission of the Technium project is to incubate a sustainable knowledge economy in Wales through the stimulation of innovation and the development of strong regional economic clusters…”

Technium Swansea £3.2million Technium Digital £10.6million (Total - £13.8million) Technium SONY £1million (Total -£14.8million) Technium Swansea £6.8million Total - £21.4million Technium Sustainable Technologies £10million Total - £31.4million Technium Performance Engineering £10.5million Total - £41.9million Technium Energy £12million Total - £43.4million Institute of Life Science £22million Total - £65.4million S ustainable E ngine for E conomic D evelopment Institute of Advanced Telecommunications £8million Total - £73.4million Aquaculture Wales

S ustainable E ngine for E conomic D evelopment Technium Performance Engineering Technium Sustainable Technologies Technium Swansea Technium Energy Technium Digital Institute of Life Science hosting micro-Technium Aquaculture Technium SONY Institute of Advanced Telecommunications

Benefits to UWS Learning and teaching: Curriculum Resourcing Staff Experience Course Development Student Projects / Placement/Employment Research Commercialisation Spin In Spin Out Consultancy Partnership PR Buildings

Benefits to the Wider Community Economic Development High Quality Jobs IP Base Wealth Culture Built and Natural Environment Catalyst for Inward Investment Rural Agenda

Technium - Results

Technium - Results

Creating a Sustainable Engine for Economic Development Presentation by IP Wales® Andrew Beale & Gareth Davies