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Innovation Strategy

 Our Innovation Strategy is now published.

The strategy seeks to build on the county’s world class innovation credentials by inspiring further investment and accelerating delivery of innovation led economic growth. You can download our strategy from the Resources section of this page.
 
The Department for Business, Energy and Industrial Strategy (BEIS) first invited organisations to form a consortia to express an interest in completing a Science and Innovation Audit (SIA) on 9 November 2015, with the aim of including universities,  research and innovation organisations, Local Enterprise Partnerships (and their equivalents in the devolved administrations) and businesses to map their research, innovation and infrastructure strengths across the UK and identify areas of potential global competitive advantage.

Philip Hammond, Chancellor of the Exchequer announced in the November 2016 autumn statement that the Oxfordshire Transformative Technology Alliance submission was included in the second wave of proposals approved.

The SIA will help us develop a deeper understanding of Oxfordshire’s strengths in the four key areas of: Digital Health; Space-led Data Applications; Autonomous Vehicles and Technologies underpinning Quantum Computing.  

The Oxfordshire Transformative Technology Alliance SIA will be led by the University of Oxford, and the Steering Group will be chaired by Professor Ian Walmsley (Chair of the Innovation Sub-Committee at the Oxfordshire Local Enterprise Partnership (OxLEP) and Pro-Vice Chancellor for Research and Innovation at the University of Oxford). Other partners include Oxford Brookes University, OxLEP, the Oxford Academic Health Sciences Network, the UK Atomic Energy Authority, the Satellite Applications Catapult and the Science and Technology Facilities Council. However, the group of partners and collaborators that will contribute to the audit will be much larger and will include representatives from industry, local government and academia and include partner LEPs where the areas have a particular strength in one or more of the four sectors.

A Strategic Advisory Board will advise on such aspects as models of the development of the technologies, economic potential, and how the Audit can yield greatest evidence-based benefit and value.

The table below gives an outline of the envisioned Consortium Structure & Governance:

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A project manager will be appointed to drive the SIA work, and be the main link for the Steering Group and other parts of the leadership structure, as well as the main point of contact for Technopolis who have been appointed as contractor to carry out the audit work on behalf of BEIS.

Our submitted Expression of Interest outlines that we have the core ingredients and strengths within the region to drive the development of these areas for Oxfordshire and the UK. The SIA will help catalyse cross-sectoral discussion across the four transformative technology areas, identify capabilities that could complement each sector, and establish how to drive new combined commercial opportunities. These are emerging sectors where the UK competes to lead the market on a global scale.  Key points to understand and address will be:

  • How to accelerate the adoption of the research and innovations by business;

  • How to plan for and develop the skills base to enable future growth; and

  • How to develop a connected supply chain for emerging technologies.

The SIA will focus on mapping and understanding our strengths and assets, and combining the innovation expertise and insight of business and research innovators, working together to identify opportunities for the areas, in their own right and in combination, and proposing tangible solutions and opportunities for growth.

The close involvement of OxLEP will ensure that the SIA leadership integrates with existing governance structures and that the SIA work is robustly connected with regional strategies such as the Strategic Economic Plan, Innovation Strategy, and investment streams. Professor Walmsley’s presence as Chair demonstrates our strong integration between innovation, governance and industry, and the recognised strength of Oxfordshire’s innovation and academic leadership.

The SIA process is a significant contributor to national priorities of the UK protecting its reputation for world-class science, and continuing to raise productivity for the whole of the UK.  Nigel Tipple, Chief Executive of OxLEP, said: 'Oxfordshire's current strengths in science and technology give the region a pivotal role in the UK's drive for economic growth, and on the global stage. Working in collaboration with our SIA delivery partners, this audit will enable us to further enhance our position as a world-leading economy driven by innovation, enterprise and research excellence, boosting both the region and the UK as a whole.'

If you would like more information or have any questions please contact us by email: SIA@oxfordshireLEP.com