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Innovation Presentation to the EEESTA Seminar 10 November 2004 Patrick Robinson Director Innovation Strategy Team, DTI Competing in the Global Economy: The Innovation Challenge
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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
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Innovation The innovation challenge - create value in a knowledge economy …
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Innovation Source: US Department of Labor Increasing intensity of global competition 0 5 10 15 20 UKHong Kong SARTaiwan Hourly compensation costs, 2001, for production workers in manufacturing in US dollars
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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 2004- 2014, July 2004
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Innovation Innovation Report – Key Proposals Management & skills Public Procurement Technological Innovation Strategy International and EU Regional Innovation Regulation National assets
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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
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Innovation Intellectual Property: Awareness Business Advice Open Days http://www.patent.gov.uk/about/marketing/thinkkit/index.htm
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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
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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
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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
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Innovation Presentation to the EEESTA Seminar 10 November 2004 Patrick Robinson Director Innovation Strategy Team, DTI Competing in the Global Economy: The Innovation Challenge
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