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Building tomorrow’s industriesSupporting and commercialising strategic emerging technologies: a UK perspective
Sir John Parker GBE FREngPresident, Royal Academy of Engineering UK2 June 2014
Definition of industry
• Research, design, engineering and the manufacturing of products
• The engineering and manufacturing services that support them
• The international engineering consultancy that emerges from the base
Six elements of a modern industrial policy
1. Clear signals from the top of government that industrial activity was critical to the future of our economy
2. Research and innovation to support new ideas
3. A recognition of the importance of large companies and their long supply chains of SMEs
4. The need to grow new ones, including in emerging sectors
5. Stability and alignment of policy across government departments
6. A robust skills base
Aerospace Automotive
Construction
Professional Business Services
Oil and gas Life Science
Education
Offshore wind
Agri-tech
Information Economy
Nuclear
Industrial strategy
8 great technologies
8 great technologies
1. Big data and energy-efficient computing
2. Satellites and commercial applications of space
3. Robotics and autonomous systems
4. Synthetic biology
5. Regenerative medicine
6. Agri-science
7. Advanced materials and nanotechnology
8. Energy and its storage
and Quantum technologies
UK Innovation Landscape
Catapults
£1.4 billion public and private
investment over 5 years
Partnership between
academia, industry and government
The Enterprise Hub
The Enterprise Hub harnesses the expertise, insight and networks of Academy Fellows, who include some of the UK’s most successful entrepreneurs and business leaders, to support the country’s most promising entrepreneurs in all areas of engineering and in all parts of the UK.
http://www.raeng.org.uk/news/publications/list/reports/Jobs_and_Growth.pdf
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