Innovation and Impact - A Magnet for Wealth Creation 6 June 2012
Nov 18, 2014
Innovation and Impact -A Magnet for Wealth Creation
6 June 2012
The Gateway to the World
• Global Students and Graduates
– 22,000 students
• 3,000 international• 100+ countries
– 5,000 graduates each year
– 250 degree programs
– 200,000 alumni
• World Leading Faculty & Staff
– 5,000 staff
– 200+ research groups
– £100 million – research expenditures
• Top 10 employer in South East England
– £billion to local economy
A Research Intensive & Enterprising University
• Research Assessment Exercise
– Top 3 in Engineering
– Top 3 in Medical Sciences
– Top 3 in Social Policy, Music, European Studies
• World Leading in Spin-outs & Commercial Engagement
– Top 3 in world for spin-outs
– Top UK university in working with SMEs
– More than 1,000 commercial collaborators
Research Strengths
Working across the globe on climate change
Optoelectronics Research Centre: Invented the optical amplifier enabling high speed global communications
Web Sciences: at the forefront of developing the World Wide Web
Instrumental in making aircraft & their engines quieter and more efficient
Institute of Developmental Sciences: world leader in linking mothers’ diet and lifestyle and the health of children into adulthood
UK Sport Innovation partner for the Olympics
An Enterprising University• Accomplishments of the University’s alumni are the greatest form of
Knowledge Transfer.
• Entrepreneurial university – global leader in start-up companies
– Over 50 spin-outs since 1970
– 15 spin-outs since 2000
– 4 floated on AIM - £200M valuation
• 40+% of research programmes have commercial partners.
• Top UK university in working with SMEs.
• 7 consultancy units with 125 dedicated staff for immediate access .
• KTP (Knowledge Transfer Partnerships) - rapidly growing portfolio.
• 1000s class projects & interns in external organisations each year
• National champions (past 2 years) – Student Entrepreneurs
Why Does Industry Want to Work with
The University?
7
Industry’s Reasons for Working with The University
• Mine the University for future employees
• Access to leading edge technology, knowledge, & policy thought
– Industry must innovate to survive & prosper
– Industry desires academia to shape policy & standards to their benefit
• Leverage funding
– Industry partners with academia to get access to government funds
– Do NOT view industry as an open checkbook
• Access and share research facilities
• Outsource skills shortage to world-class experts
• Share risk
Why Does Industry Hate to Work with The
University?
9
Working with The University Is Hard Work
• No sense of urgency!
• Get treated like a cash cow
• Lack of understanding of industry’s needs
• Overvalue of academic contribution
– Too focused on IP
– Do NOT understand what it take to commercialize
• Inflated egos
• Too loose lipped
10
Cultural Differences/Prejudices
Business
– Culture of the collective
• Team playing is important
• Collective responsibility
– Want to get things done
– Commercial savvy
– Wants outcome
– High service expectations
– Good influencing skills
Academia
– Culture of the individual
• The University is just a “landlord”
• Personal credibility key
– Want to be right
– Subject expert
– Interested in the problem
– Focus on publications
– In-depth subject knowledge
11
Key Methods for Industrial Funding
• Sponsored & Collaborative Research Programmes
• Consultancy
• Knowledge Transfer Secondments
• Continuing Professional Development (CPD)
• Sponsored Studentships
• Philanthropy
12
Types of Relationships with External Organisations• Research Funding
– Company investment– Co-operative funding in conjunction with RC
and other consortia– In-kind
• Publications with joint authorship
• Consultancy
• Licenses
• Visiting Professorships
• Secondments – both directions– Company to University– University to company
• Seminar/Lectures – both directions– Company employees at the University– University employees at the company
• Events – both directions– University events attended by company
personnel– Company events attended by University
personnel
• Advisory Boards – both directions– University advisory boards – externals on
University boards– External advisory boards – University
representatives on external boards
• Employer Engagement - Curriculum – Undergraduate curriculum– Postgraduate curriculum– CPD
• Employer Engagement - Studentships– KTP– EngD– Interns– Class Projects– Scholarships– Studentships– Prizes– Awards– Mentoring– Work shadowing
• Recruitment of graduates– Career fairs– Employer presentations– Employability skills workshops– Advertising openings to potential
recruits
• Alumni
• Philanthropy
• Students (at University) who are children of key employees of company
• Purchases from company (procurement)
13
The Innovation Gap
TheoreticalConceptCreation
FeasibilityDemonstration
Productisation MassMarketing &
VolumeProduction
Rela
tive A
cti
vit
y
Academic
Commercial
Technology Readiness Levels
14
Bridging the Innovation Gap
TheoreticalConceptCreation
FeasibilityDemonstration
Productisation MassMarketing &
VolumeProduction
Rela
tive A
cti
vit
y
Academic Commercial
Technology Strategy BoardResearch Councils’Multi-disciplinary Themes
Technology Readiness LevelsTechnology Readiness Levels
Spin-out
Catapult Centres
Photonics & Nanofabrication Cluster
Aerospace & DefenceBlue Sky Thinking & Doing
Maritime & Oceanography Centre of Global Excellence
18
Southampton Marine & Maritime Institute
University of Southampton
Lloyd’s Register
International academic society
International industry
SouthamptonMarine & Maritime
Institute
World-Beating University
A culture of Invention, Innovation and Impact pervades, resulting in the most
Entrepreneurial and Enterprising environment –
a magnet for Wealth Creation
Don SpalingerDirector, Research & Innovation Services
University of Southampton
+44 (0)2380 592392
21
Don SpalingerDirector, Research & Innovation Services
• Serial entrepreneur – 5 start-ups – SPI, T3plus, Connexus, ONI, and Kylex
• Executive in large companies – Exxon, Texas Instruments, Gartner Group, Racal, DSC Communications
• 30 years in Silicon Valley
• Track record of converting IP into businesses
World beating research• Optoelectronics
• Web science
• Sound and vibration
• Maritime research
• Oceanography
• Population research
• Human genetics
• Respiratory diseases
• High performance sports
Centres of Excellence
• Mountbattan Institute– Nanotechnologies – electronics, photonics, bionics
• Institute for Web Science
• Open Data Institute
• Institute for Sound & Vibration
• Southampton Marine & Maritime Institute
• National Oceanography Centre-Southampton
• Geoscience Advisory Unit - Radioanalytical
• Institute for Population Research
• Centre for High Performance Computing
• Medical School & Teaching Hospital
• Institute for Life Sciences
• nCATS – Tribology
• Centre for Operational Research, Management Science & Information Systems
University Strategic Research Groups – Multi-disciplinary with Global Impact• Energy
• NanoScience
• Digital Economy
• Ageing & Lifelong Health
• Health Technologies
• Institute for Life Sciences
• Neurosciences
• Southampton Marine & Maritime Institute
• Global Uncertainties & Security
• Sustainability Science at Southampton
• Complexity in Real-World Contexts
• Work Futures Research Centre
• Computational Intensive Imaging
• Population Health
Centre of Innovation – Focus for business
growth
– Supportive environment
– Flexibility for small companies
Community– Entrepreneurial
– High tech
– Business oriented
– Focus for events
Network– Business clusters
– University links
– Regional focus
– Leading edge IT
University of Southampton Science Park, Chilworth