Stakeholder engagement

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1 Stakeholder engagement Dr Malcolm Parry OBE, Managing Director and CEO The Surrey Research Park, University of Surrey

2 Stakeholders objectives - host University / other hosts Some independent income Raise the profile of institution Technology/knowledge transfer offices Impact assessment Research bids InnovateUK programmes Informal links Student related links

3 Stakeholders objectives govt. Government Economic development - Increase number, size or productivity of companies Employment generation Population retention Create tax base Support smart specialisation Act as entrepreneurial state InnovateUK team in incubator Regulatory environment

4 Stakeholders objectives - tenants Tenants Give tenants a competitive advantage Property share risk Test technology Co-working/ gaming platform Access to talent Supporting resources Entrepreneur in residence Self help: Last Wednesday Club

5 Stakeholder objectives build co.

6 Smart specialisation Use entrepreneurial discovery to Integrate science and technology knowledge with market knowledge and outputs Use skill to gather localised information Build social capital, assets using local skills, materials, environmental conditions, and market access conditions Create businesses, particularly where these are not found in codified and publicly shared knowledge

7 Developing smart specialisation Audit of regions capabilities, assets, competences, competitive advantages (SWOT) Governance public-private Looking for entrepreneurial discovery Test for transition, diversification, modernisation and radical innovations Monitoring and evaluation Smart specialisation Audit and analyse Engage companies of all sizes Create a policy mix Infrastructure and policy mix Vision of change Define evidence based monitoring Priorities for businesses of all sizes

8 Science innovation Generating new discoveries: Examples:of industrial sectors: Biotechnology Semiconductor design Speciality chemicals Branded pharmaceuticals Science-based R&D institutions Corporate internal R&D Invention Breakthrough discoveries

9 Customer focused innovation Addressing customer needs: products, services and business models. Examples. Household appliances Internet software and services Internet retailing Consumer electronics Home entertainment Smartphones Consumer packaged goods Customer-focused New business models/ products/ services Rapid iteration Unmet needs Users

10 Engineering based innovation Solving engineering problems Examples. Medical devices Oil and gas engineering and equipment Application and system software Automotive Communication equipment Renewable energy Transport equipment Engineering-based Product specifications Technology solutions Suppliers Engineering and design Latest components Requirements Technology partners

11 Efficiency driven innovation Reduce costs and speed to market: improve processes in production, product design, and supply chain management. Efficiency-driven For example. Paper and forestry Semiconductors foundry Industrial machinery Oil and gas upstream and downstream Commodity chemicals Electrical equipment Construction machinery Construction materials Textiles Steel Generic pharmaceutical Solar panels Additional volume Better quality Improved efficiency Cost reduction More know-how

12 Thank you Dr Malcolm Parry OBE +44 (0) The Surrey Research Park University of Surrey, Guildford, UK

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