Innovation and Impact - A Magnet for Wealth Creation
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The University of Southampton is a top global university with 22,000 students from over 100 countries. It has over 5,000 faculty and staff across 200 research groups. The university is ranked in the top 3 in the UK for engineering, medical sciences, and several other fields. It is highly entrepreneurial, with over 50 spin-out companies since 1970 and extensive commercial partnerships. The university has a culture of innovation and is a magnet for wealth creation through its world-leading research and partnerships with industry.
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Innovation and Impact - A Magnet for Wealth Creation
- 1. Innovation and Impact - A Magnet for Wealth Creation 6 June 2012
- 2. 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
- 3. 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
- 4. Research Strengths Web Sciences: at the forefront of developing the World Wide Web Institute of Developmental Sciences: world leader in linking mothers’ diet and lifestyle and the health of children into adulthood Instrumental in making aircraft & Optoelectronics Research their engines Centre: Invented the quieter and more optical amplifier enabling efficient high speed global communications UK Sport Innovation Working across partner for the Olympics the globe on climate change
- 5. 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
- 6. 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 7
- 8. 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 9
- 10. Cultural Differences/Prejudices Business Academia – Culture of the collective – Culture of the individual • Team playing is • The University is just a important “landlord” • Collective responsibility • Personal credibility key – Want to get things done – Want to be right – Commercial savvy – Subject expert – Wants outcome – Interested in the problem – High service expectations – Focus on publications – Good influencing skills – In-depth subject knowledge 10
- 11. Key Methods for Industrial Funding • Sponsored & Collaborative Research Programmes • Consultancy • Knowledge Transfer Secondments • Continuing Professional Development (CPD) • Sponsored Studentships • Philanthropy 11
- 12. Types of Relationships with External Organisations • Research Funding • Employer Engagement - Curriculum – Company investment – Undergraduate curriculum – Co-operative funding in conjunction with RC and other – Postgraduate curriculum consortia – CPD – In-kind • Employer Engagement - Studentships • Publications with joint authorship – KTP – EngD • Consultancy – Interns • Licenses – Class Projects • Visiting Professorships – Scholarships – Studentships • Secondments – both directions – Prizes – Company to University – Awards – University to company – Mentoring • Seminar/Lectures – both directions – Work shadowing – Company employees at the University • Recruitment of graduates – University employees at the company – Career fairs • Events – both directions – Employer presentations – University events attended by company personnel – Employability skills workshops – Company events attended by University personnel – Advertising openings to potential recruits • Advisory Boards – both directions • Alumni – University advisory boards – externals on University boards • Philanthropy – External advisory boards – University representatives • Students (at University) who are children of key on external boards employees of company 12 • Purchases from company (procurement)
- 13. The Innovation Gap Relative Activity Academic Commercial Theoretical Feasibility Productisation Mass Concept Demonstration Marketing & Creation Volume Technology Readiness Levels Production 13
- 14. Bridging the Innovation Gap Relative Activity Catapult Centres Research Councils’ Technology Strategy Board Multi-disciplinary Themes Spin-out Academic Commercial Theoretical Feasibility Productisation Mass Concept Demonstration Marketing & Creation Volume Production Technology Readiness Levels 14
- 16. Aerospace & Defence Blue Sky Thinking & Doing
- 17. Maritime & Oceanography Centre of Global Excellence
- 18. Southampton Marine & Maritime Institute University of Southampton International International industry academic society Southampton Marine & Maritime Lloyd’s Institute Register 18
- 19. World-Beating University A culture of Invention, Innovation and Impact pervades, resulting in the most Entrepreneurial and Enterprising environment – a magnet for Wealth Creation
- 20. Don Spalinger Director, Research & Innovation Services University of Southampton +44 (0)2380 592392 d.spalinger@soton.ac.uk
- 21. Don Spalinger Director, 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 21
- 22. World beating research • Optoelectronics • Web science • Sound and vibration • Maritime research • Oceanography • Population research • Human genetics • Respiratory diseases • High performance sports
- 23. 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
- 24. 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
- 25. University of Southampton Science Park, Chilworth 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
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- Southampton is widely-regarded as one of the birthplaces of the optic fibre and we still lead the world in the field of optoelectronics. Our aeronautical engineers have been instrumental in making aircraft engines quieter and more efficient through innovative approaches to wing and engine design. We are a leading light in the development of the World Wide Web and one of our visiting professors is Sir Tim Berners-Lee, who is often cited as the ‘father’ of the internet. We have experts working across the globe on climate change and our National Oceanography Centre and School of Ocean and Earth Science are the UK’s hub for key research into global warming, ocean processes and coastal erosion. Southampton is a world leader in the investigation of links between a mother’s diet and lifestyle and the health of her children into adulthood and our researchers have published groundbreaking studies into foetal health and later development. The University is also home to a number of world-leading research centres including: the National Oceanography Centre, Southampton; the Institute of Sound and Vibration Research; the Optoelectronics Research Centre; And the Institute of Developmental Sciences; In early 2008 the Engineering and Physical Sciences Research Council (EPSRC) announced funding for 2 new national research centres at the University through the Science and Innovation Awards: the national Centre for Advanced Tribology (nCats), based in the School of Engineering Sciences, and the National Centre in Foundational Operational Research (Schools of Mathematics and Management). As a university in a city with a strong maritime heritage, we offer courses with a maritime or marine focus across the majority of our academic schools and our Institute for Maritime Law is the largest centre of its kind in the UK. Arts and humanities are strong at Southampton and we have a unique suite of arts centres at our Highfield campus, including the Nuffield Theatre, the Turner Sims Concert Hall and the John Hansard Gallery.
- The IMPACT that result from the great things that our students do after they leave the University is the Knowledge Transfer at it best! Global leading Library House report 2007 3 rd best in world in efficiency of start-ups Measure of VC investment in start-ups to research expenditures 40% with commercial partners HEBCIS 06-07 (latest sector-wide comparator data) Working with SME HEBCIS 06-07 Consultancy Units: RIfI, IT Innovations, Geodata, ECS Partners, ISVR consulting, GAU Analytical, Wolfson Unit What is the G-Factor? The G-factor International University Ranking measures the importance of universities as a function of the number of links to their websites from the websites of other leading international universities. The G-Factor is based on the following premises: Universities are in the business of creating and disseminating knowledge. Universities are prolific sources of web content. The truism that "an organization becomes its website" really is true for universities (or at least the totality of the web content of a university is more than a reflection of the total embedded knowledge of the university - it increasingly IS the the embedded knowledge of the university). "If it's not on Google is doesn't exist!" Disturbing to some, but a reality to the majority for whom the Web has become a seamless part of their knowledge environment. Academics and instititutions that recognize and respond to this new environment ultimately will be among its beneficiaries. Citation is the highest form of flattery in academia: measures of citation rates, while they remain controversial in the detail of how they are applied, are generally acknowledged in principle as one of the most objective measures of the importance of academic works. The essential concept behind the G-Factor is therefore to search (using the Google Search Engine) on every leading university's website for links to the websites of other leading universities and count the total number of such links. This number is the G-Factor.
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- First of all why do industry and Universities wish to collaborate? Well from the industry perspective the benefits are Being able to outsource skills shortage to world-class experts Access and share research facilities Leverage funding Share risk
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- Focusing today on the Engineering and Sciences Opportunity to see and discuss top 5
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- Focusing today on the Engineering and Sciences Opportunity to see and discuss top 5
- New Mountbatten Photonics Nanoelectronics Centre of Maritime Excellence Lloyds Register moving from London 2012/13 nCATS SES Chemistry ISVR Institute for Life Sciences Cranes are building it Spend a little time describing its objectives See Tim Elliott’s e-mail DTC Transportation is officially an Industrial Doctoral Centre EPSRC now consider all three equally as DTCs
- Brief description of the USRGs Cross disciplinary Targeted at major global issues EPSRC and other research councils will work with dstl on grand challenges and translational research effort of specific projects