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Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered, enterprising and innovative

Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

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Page 1: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

Big Innovation Centre21 Palmer StreetWestminster SW1

Central London

Director Birgitte Andersen

Catalysing city region when businesses are empowered, enterprising and innovative

Page 2: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

Good news for British regions and cities ….• World class businesses located here.• World’s leading universities and best science

research centres. • Banks do not lack talent (but vision). • Many intermediate institutions: fit for purpose.• High investment in intangible assets

Page 3: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

… But the whole is less than the sum of the parts• Trade gap, falling productivity, high

unemployment, no growth …• Ideas, credit and resources do not flow with the

speed, scale, energy and focus that they should.• Systemic coordination failure – which

conventional industrial policy does not address.

Page 4: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

A Shift in focus and language from knowledge transfer towards open innovation

Page 5: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

Paradigm shift from ‘Knowledge transfer’ to ‘Open innovation’: Calling for a new science and

technology policy?

Knowledge transfer is working well, but many are failing to exploit open innovation

Innovation Policy (1990s- 2000s)

Technology Policy

(1970s-80s)

Science Policy

(1950s-60s)

     

EmergingOpen Innovation

Policy(Post 2010)

Knowledge

transfer

Open

Innovation/

co-creation

From science to

market is assumed

automatic

Main focus is

on engineering

trajectories

Page 6: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,
Page 7: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

How? - Use image, brand, design to transform Birmingham and the West Midlands into an Innovation Hub

Build UK’s innovative markets, places and networksTransform business models Make innovation-friendly financial

institutionsEnhance universities as interactive partnersEnterprising state: Public action to drive private

innovation

OPEN INNOVATION CHALLENGES

Page 8: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

Bringing businesses, universities and governments together to co-innovate and solve economic, social and technological challenges

http://tha2013.org/Come and join collective action!

Meet delegates from 36 countries in

• OPEN SESSIONS of academic and policy/practitioner presentations: 200 papers presented, including from world class academics, renowned professors, Vice Presidents of global firms and Ministers

• WORKSHOPS: 12 sessions including from EU, OECD, Regional Studies Association, TUSUR

• SOCIAL EVENTS to see the best of London: Thames cruise and dinner in Lincoln’s Inn• VISIT to London’s Tech City (hosted at Google Campus) to meet innovating

entrepreneurs.

Page 9: Big Innovation Centre 21 Palmer Street Westminster SW1 Central London Director Birgitte Andersen Catalysing city region when businesses are empowered,

http://www.biginnovationcentre.com/