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Helen Ewles Senior Policy Advisor – Research and Innovation

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Presentation on theme: "Helen Ewles Senior Policy Advisor – Research and Innovation"— Presentation transcript:

1 Helen Ewles Senior Policy Advisor – Research and Innovation
Increasing R&D investment: business perspectives raeng.org.uk/IncreasingRandD Helen Ewles Senior Policy Advisor – Research and Innovation

2 The 2.4% target Taken from Investing in R&D 2017, by the Academy of Medical Sciences, British Academy, Royal Academy of Engineering and Royal Society

3 Engineering business perspectives
Over 30 semi-structured interviews with CTOs, Chief Engineers, CEOs from a range of engineering businesses Engineering R&D and innovation looks different across companies: Sector, products or services Company size, stage of growth, stage of product or service development Ownership, heritage

4 Engineering business perspectives
R&D and innovation is inherently global: Global market Global search for best innovation partners Global R&D sites Global competition for R&D

5 Engineering business perspectives

6 Innovation funding & Non-financial innovation support

7 Late stage development and demonstrators

8 Public procurement

9 Joined-up government approach


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