TSB: TECHNOLOGY STRATEGY BOARD

Technology Strategy Board Boo Games
FROM: UK
KEYWORDS: policy, innovation, growth, organizational model, public government, economic growth, regulation
DURATION: 2007- ongoing
INDICATIVE COST: since 2007 £2.5 billion
FUNDING: National funds
FOCUS: business innovation in many different sectors
The Technology Strategy Board is the UK’s innovation agency. They are a business-focused organisation established by government to foster economic growth.
Their aim is to help make the UK a global force in the innovative technologies that have the power to reshape our world. In modern societies, those businesses and economies that can develop new, more efficient ways to meet the changing needs of communities and individuals will have a competitive advantage over those who rely on doing things “the way we’ve always done them”.
In many areas, the ideas for such innovations already exist – as concepts, ideas and research. Transforming them into products and services that can be bought, sold and applied takes time and money. They aim to help businesses get to the market sooner. And in that way they can help ensure that the UK is at the forefront of these emerging areas.
They treat challenges facing society, such as climate change and an ageing population, as opportunities for ambitious businesses with the most innovative and competitive solutions.
Set up in 2007, the Technology Strategy Board is sponsored by the Department for Business, Innovation and Skills (BIS) and plays a vital role in bringing together business, research and the public sector to stimulate and support innovation.
They work with many other government departments and agencies such as the UK Space Agency, Department for Transport and the Office for Low Emission Vehicles (OLEV), and the National Health Service (NHS). Many of their activities are jointly-funded with research councils, government departments and the devolved administrations of Scotland, Wales and Northern Ireland.
Their work is focused on areas that have a direct relevance to people’s lives, including energy, healthcare, buildings, food and transport. We also support critically important industries such as high-value manufacturing, digital services and enabling technologies
SPECIFIC GOALS
The Technology Strategy Board is about much more than just funding. They bring people together to solve challenges – those with ideas, those with expertise in R&D and manufacture, those who understand markets and those seeking a solution to a particular challenge. They are involved at all stages of the development process and in all links of the supply chain. They promote innovation by encouraging collaboration and knowledge exchange, influencing policy and bringing people together to solve problems. They act as a catalyst, helping business deliver innovative products and services to the market.
TSB tools and programmes are listed below. Businesses come in all shapes and sizes. Markets are diverse and function in different ways. We recognise that to be truly effective, we have to offer a range of approaches that can be applied as appropriate to the various parts of the innovation landscape. Among the tools and programmes that we have found to be effective to date are:
MAIN NEEDS MET by the GP
POLICY & REGULATION
• general strategy, policy, organisational model for promoting regional innovation and growth
• promoting a scientific and innovation culture
• transforming the legal environment
• provide access to finance, skills, knowledge, equipment and partners, and, ultimately, customers
• connect people and communities
• work with other partners to connect businesses to appropriate forms of support
• give business an insight into future government policy and agenda
TRANSFERABILITY AND SUCCESS FACTORS
TSB does not focused on digital game sector only; TSB is the UK innovation agency and has been set up in 2007 to act as the main overarching body to support innovation across sector. To date the success of TSB has been significant. Here are some of the achievements and highlights so far:
• including the contributions of our partners and of business, we have invested around £2.5bn in UK innovation since 2007, working with our partners and businesses
• for each £1 in collaborative R&D grant there is an expected increase in gross value added (GVA) of £7
• we are working with more than 4,000 businesses to move innovative ideas and technologies closer to market
• nine out of 10 collaborative R&D project partners say they would definitely or probably not have proceeded with their project without our help.
Among their strategic investments have been:
• a £25m investment in a Ultra-Low-Carbon Vehicle Demonstrator Programme, which leveraged more than £200m of innovation investment involving manufacturers and more than 340 vehicles; the demonstrator influenced Nissan’s decision to build the Leaf electric vehicle in Sunderland
QUOTATION
“Our world has changed in many ways since 2008 when I introduced the Technology Strategy Board’s first strategic plan. We are in a new economic and political environment. The after-effects of the economic downturn are still with us, and budget pressures in the public and private sectors have altered the business landscape. However, the need for innovation has not reduced – in fact, given the economic situation it is greater than ever before.. This is why, in autumn 2010, the Government reinforced the Technology Strategy Board’s role as the primary public body in the UK for business innovation.
Since 2007 we have worked with business, government and the research base, to help create a far-reaching programme of technology-enabled innovation. We have learnt the power of making connections between people and organisations and, through investment or support, providing a catalyst for new solutions."Iain Gray, Chief Executive
FURTHER DETAILS
OWNER OF THE PRACTICE: National public agency
REFERENCE PERSON: Mathew Sansam matt.sansam@tsb.gov.uk
WEBSITE(s): www.innovateuk.org;
www.innovateuk.org/documents/1524978/2138994/Concept+to+Commercialisation+-+A+Strategy+for+Business+Innovation+2011-2015/f9debf80-dd43-4284-be56-a11a3dda25a8;
www.innovateuk.org/documents/1524978/2138994/Delivery+Plan+-+Financial+year+2013-14/c435471d-222c-4e63-8269-d0f4b2b61c2f
image_pdfimage_print