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Copyright © 2019 Centre for Process Innovation Limited. All rights reserved.
Dr Jon Helliwell, Performance Development Director
INNOVATION: LESSONS FROM EXPERIENCE
– EXAMINING THE INNOVATION LANDSCAPE
Business, Innovation and Growth Conference26th February 2019
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
WHAT IS INNOVATION?
In an on-line article published in 2014, Eric Shaver, a medical consultant, collected over 50 definitions, including…….
http://www.ericshaver.com/the-many-definitions-of-innovation/
1971
1973
1999
2009
2018
“…an invention which has reached marketintroduction in the case of a new product,or first used in a production process, inthe case of a process innovation.”
“…any idea, practice, or material artefactperceived to be new by the relevant unitof adoption.”
“…the transformation of knowledge intonew products, processes, and services…”
“…innovation is a process of turningopportunity into new ideas and of puttingthese into widely used practice.”
“Innovation is the use of new ideas,products or methods where they havenot been used before.”
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
WHAT IS INNOVATION?
The art or science of converting existing inventions and ideas into practical products or services that can be used in everyday life
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Technology Readiness Level 1-3
Researchers and Inventors
Technology Readiness Level 4-7 (Valley of Death)
CPI helps companies succeed where many otherwise fail
Component validation in laboratory environment
Analytical and experimental critical function and/or characteristic proof of concept
Technology concept and/or application formulated
Basic principles observed and reported
Component validation in relevant environment
System model or prototype demonstration in a relevant environment
Technology Readiness Level 7-9
Industry and Companies
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9
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TECHNOLOGY READINESS LEVELS (TRL)
Actual System proven through successful operations
Actual System completed and qualified through testing and demonstration
System prototype demonstration in an operational environment
InnovationResearch and Invention
Commercial Market
Public / Private Collaboration
Innovation Ready
Investment Ready
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
WHERE DOES INNOVATION FIT IN?
Profit
+
0
-
TRL 7 TRL 9TRL 6 TRL 8TRL 5TRL 4TRL 3TRL 2TRL 1
Product is successful and money is recovered at TRL 9
Innovation costs money at every stage up to TRL 7
Research InnovationEffort Market
INNOVATION ACROSS THE SUPPLY CHAIN
The Innovation Equaliser®
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Downstream Processing
ReactionPrimary Process
Feedstock Preparation
Feedstock AssemblyFinish &
PackagingProduct Logistics
Supply chains do not function unless all steps are higher than TRL 7
Focus innovation and development on the low TRL steps© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
OUR TECHNOLOGIES AND CAPABILITIES
Therapeutic Biologics Formulation Graphene Nanotechnology
Photonics Industrial BiotechnologyElectronics, Systems
and SensorsDigital and Data
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Embedded autonomous sensors for tyre management
Pesticide replacements and
crop enhancers
Tracking construction materials and plant
equipment
Bio-protein production for food
and feed
Electrode materials and sensors for
batteries
Wearables for health and
monitoring of wellbeing
High throughput screening for rapid
formulation development
Renewable plastic monomers
Track and trace across the supply
chains
Drug delivery, development, diagnosis, and manufacturing
Photonics-enabled diagnostics and
imaging
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Opening Q1 2020 Opening 2020Opening Q1 2019
ALIGNMENT OF CPI INFRASTRUCTURETO TECHNOLOGIES AND CAPABILITIES
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Opening Q1 2020 Opening 2020Opening Q1 2019
ALIGNMENT OF CPI INFRASTRUCTURETO TECHNOLOGIES AND CAPABILITIES
Printable and Hybrid Electronics,
Digital and Data
Industrial Biotechnologies, Digital and Data
Therapeutic Biologics, Digital
and Data
Formulations, Materials
Chemistry, Digital and Data
Formulations, Materials Chemistry
Photonics, Device Design, Digital and
Data
High-containment and chemistry
based conjugation
Batch to Continuous, Digital
and Data
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
HORIZONTAL INNOVATION
Having access to a wide range of skills from different industries enables ‘Horizontal Innovation’.
This is the application of a solution from one sector to a problem or challenge in another.
Multi-background teams can facilitate this approach.
COATINGS
PHARMACEUTICAL
FOOD TECHNOLOGY
FAST MOVING CONSUMER GOODS
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
THE CATAPULT CENTRES
Hauser & Dyson reports – focus on a few well funded ‘Catapult‘ Centres, modelled on Fraunhofer
CPI is a member of the first Catapult - High Value Manufacturing
Other Catapults:
• Digital
• Cell & Gene Therapy
• Offshore Renewable Energy
• Satellite Applications
• Transport Systems
• Future Cities
• Medicines Discovery
• Compound Semiconductor Applications
• Energy Systems
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
UNIQUE TECHNICAL EXPERTISE AND ASSETS
EXPERTISE IN SECURING CR&D BIDS
KNOWLEDGE AND APPLICATION INNOVATION
PROCESSES
Contract process development
and prototyping
Enabling the right funding
at the right timeBusiness services and
consultancy
CPI: AN INTEGRATED INNOVATION SOLUTION PROVIDER
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
CPI WORKS WITH MARKETS ACROSS INNOVATION CYCLESFROM PROOF OF CONCEPT TO COMMERCIALISATION
SHORT INNOVATION CYCLE
1-4 yearse.g. ICT and Digital
MEDIUM INNOVATION CYCLE
4-8 yearse.g. Food, Drink, and Nutraceuticals; Agri-tech; and Speciality Chemicals
and High Performance Materials
LONG INNOVATION CYCLE
6-12 yearse.g. Pharmaceuticals, Med-tech
Time to marketand financing
needs vary substantially
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
CPI WORKS ACROSS ESTABLISHED AND NASCENT INDUSTRIESWITH MEDIUM AND HIGH REGULATION
ESTABLISHED INDUSTRIES
Clearly identified need to change to address drivers around cost, sustainability, efficiencies and functionality
Large companies need help and SMEs need full support
Medium and long innovation cycles
Industry-level engagement needed to secure regulatory buy-in for high regulation industries
Need for cross-industry learning
NASCENT AND EMERGING INDUSTRIES
Explicit or implicit societal need combined with latent economic opportunities
New supply and value chains needed
Unclear revenue and business models
Very fragmented for strategic and financial investors and lack of integrating forces
Opportunity for start-ups and SMEs to thrive
Medium to long innovation cycles
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
CPI ENABLES DISRUPTIVE INNOVATIONFOR LARGE COMPANIES AND SMES
INCREMENTAL INNOVATION
Routine for Large companies
Some SMEs seek CPI support for incremental innovation activities
Existing supply and value chains adequate in most cases
Responsive to short-medium market needs and drivers
DISRUPTIVE INNOVATION
Challenging for Large companies; internal processes and resources not conducive to step out of routine
CPI is increasingly playing a role in helping large companies with disruptive innovation
Most high growth, high potential SMEs operate here and routinely seek CPI support
Emerging supply and value chains
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
INNOVATION FACTORS
What are the factors that need to be addressed in order to ensure success in Innovation?
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
ACCESS TO FINANCE
Supporting clients in scoping projects, finding partners, building consortia, developing project concepts and writing compelling proposals to bring them the right funding at the right time.
FUN
DIN
G
Regional
National
International
Private
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
CR&D INVESTMENT
• CPI leverages significant industry contribution through CRD grants
• 6x CRD activity enabled through CPI capability
• Significant contribution to UK innovation development leading to economic and societal impact
• £57M of CPI Grant funding, has realised a total £327M of overall CR&D activity
GRANT TO CPI
£57 m
CPI CONTRIBUTION
£18 m
INDUSTRY CONTRIBUTION
£102 m
GRANT TO INDUSTRY
£150 m
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
PRIVATE INVESTMENT AND PUBLIC GRANT SUPPORT FOR SMES
Data from an initial sample set of 50 SMEs
Information sourced from Beauhurst, which uses publicly available data sources to gather their intelligence.
Data includes:
Pragmatic (£24m),
Plaxica (£18m),
Chemoxy (£20m)
Smartkem (£10m)
PRIVATE
POST-CPI SUPPORT
£43m
PRE-CPI SUPPORT
£9.8m
POST-CPI SUPPORT
£475m
PRE-CPI SUPPORT
£89m
PUBLIC
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
FOCUS ON CUSTOMER SEGMENTS
LARGE CORPORATES
Augmenting internal R&D capabilities through CPI’s pan-industry activity
Enabling access to networks and grant funding
Deep innovation process knowledge in corporate R&D
SME
All necessary technical skills and capability for successful innovation
Access to the right funding at the right time
Consulting services on the wider needs of growing SMEs
UNIVERSITIES
Showing demonstrable Impact from university research
Providing effective ‘sub-contracting’ capability
Networks and knowledge of start-ups
INVESTORS
Ability to screen and assess products and technologies for commercialisation potential
Extensive networks and knowledge of SME and start-up landscape
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
IMPACT CASE STUDY
INPUTSCPI Printable Electronics Facilities, Incubation Space & Infrastructure
Expertise & Consultancy
Signposting & Consortia Building
Bid Writing
OUTPUTSFeasibility studies completed
Scale up achieved
Capital expenditure reduced
Public funding secured
Formation of supply chain relationships
Accelerated technology development
OUTCOMES£26M private investment gained
59 jobs retained/created
Value created from IP - 35 patents
PragmatIC is a world leader in ultra-low cost flexible electronics, enabling the potential for trillions of smart objects that can engage with consumers and their environments.
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Working with CPI has saved us at least 18 months and capital investment in the order of £10-20 million.
SCOTT WHITEChief Executive Officer, PragmatIC
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Significant upfront commitment and partnership with GSK and AZ to deliver the Medicines Manufacturing Innovation Centre
CPI works closely with the Medicines Manufacturing Industry Partnership (MMIP) and engages at industry-government level to influence the direction of pharma manufacturing innovation
CPI will continue to leverage bespoke large company contribution
PARTNERSHIP ON THE MEDICINES MANUFACTURING INNOVATION CENTRE
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
ENABLING INNOVATION ACROSS OUR TARGET SECTORS
CPI has a clear alignment to the markets and to the
Industrial Strategy
The target industries, and the markets they support, are
significant in size and scope, and are essential to UK societal benefit and economic growth
CPI delivers direct impact and value to our partners and
significant further leverage through public and private funds
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
Jon.Helliwell@uk-cpi.com
© 2019 Centre for Process Innovation Limited. All Rights Reserved.
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