Research funding is often framed in terms of universities supplying capabilities to a market of public and commercial clients; yet universities and public sector partners also have a role in influencing demand for research through procurement practices. The role of ‘demand-side innovation’ in stimulating research funding and commercialisation Research funding is often framed in terms of universities supplying capabilities to a market of public and commercial clients; yet universities and public sector partners also have a role in influencing demand for research through procurement practices. This talk examines the model of demand-side innovation, where growth policies and procurement priorities are utilised to encourage research specialisation, attract external funds and create a pathway for commercialisation. The presentation highlights models in Europe where regional procurement partnerships have enabled greater access to external funding and clustering of technological specialisms. Leaders in the UK field are then considered with insight into the role of LEPs and devolution. The study examines the role of university Research & Enterprise divisions in identifying opportunities for specialisation, brokering partnerships and collaborating with procurement to create innovative solutions. This model of development has a long-term focus, but is particularly important in the context of increased funder (at a European and national level) interest in regionalisation, urbanisation and the smart-city agenda where the purchasing power of public actors are a particularly important driver of change.
|Time:||15:45 - 17:00|
|Date:||7th Jun 2016|
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