What Does Smart Innovation Across UK Industry Look Like? | IPT
Chair: Norman Lamb MP, Chair, Science and Technology Select Committee
Speaker: David Plumb, Director of Innovation, University of Warwick
Speaker: Robert Cheesewright, Director of Policy and Communications, Smart Energy GB
Dinner Discussion

Date:

Tuesday 26 February 2019

Venue:

House of Commons

Start Time:

19:00

End Time:

21:15

The 2018 European Innovation Scoreboard (EIS) shows the UK as being one of the top EU Innovation Leaders for the second year in a row. Performing well above the EU average, the UK’s commitment to science and innovation has seen innovation consistently improve. However, a lack of R&D investment has been highlighted as a barrier to the UK’s innovation potential across all industries, with 2018 public and private co-funding of R&D falling behind the EU average.

 

According to findings in the Department of Business, Energy and Industrial Strategy’s 2018 UK Innovation Survey the production and construction industries were found to be more innovative than the distribution and services industries. As new and emerging smart technology is integrated into business and our daily lives, how can this technology benefit a strong, competitive economy and enhance sustainability?

 

This dinner discussion will:

  • Explore the challenges, including around data usage, surrounding UK innovation in both the short and long term
  • Review and discuss the integration and role of smart technology in everyday life
  • Address how effective skills development, international trade and upgrading infrastructure are for encouraging UK innovation
  • Review how ‘Sector Deals’ could support specific industries to better drive innovation across the UK
  • Discuss how government is supporting businesses to develop and realise the potential of new ideas, including those from the UK’s world-class research base.