Growing Value Wales
- Published: Thursday, 23 February 2017 17:09
- Written by Web Editor
What is the Growing Value Wales Task Force?
The Growing Value Wales Task Force brings together key individuals from the private and higher education sectors to focus on practical ways of harnessing the talent being developed in our universities and our strength in ground-breaking research and development for the benefit of the nation’s economy. The Task Force is co-chaired by Professor Colin Riordan, Vice-Chancellor, Cardiff University and Dr Drew Nelson, President and Chief Executive Office, IQE PLC. Its work is funded by the Higher Education Funding Council in Wales.
Why the Growing Value Wales Task Force?
Research, development and innovation are widely recognised as vitally important for the growth and prosperity of the economy. In Wales, for much of the past 20 years, innovation and technology have been close to the heart of economic development policy and as a result, Wales has developed a rich landscape of innovation activities, programmes and supporting organisations, including its universities and anchor companies. Despite this, key economic and innovation indicators show that Wales suffers from persistent structural deficiencies and poor economic performance and lags behind competitors at UK and European level.
The challenge set by the NCUB Growing Value Wales Task Force was to explore the rapidly changing world of university-business interaction in Wales and to identify opportunities and threats to collaboration.
The Task Force has met 4 times since its launch in June 2016 and has helped to shape the outputs and final recommendations.
In early 2017, a team, led by Professor Kevin Morgan, Professor of Governance and Development at Cardiff University and consisting of Dr Adrian Healy, Research Associate, Cardiff University, Professor Robert Huggins, Professor of Economic Geography, at Cardiff University and Meirion Thomas, Penbryn Consulting were commissioned by the Task Force to undertake research on its behalf. The report explored the rapidly changing world of university – business interaction in Wales. It identified the opportunities and threats to collaboration and highlighted clusters of excellence, or ‘hot spots’, in the Welsh innovation landscape with regard to interaction.
The report identified synergies between its recommendations and the Welsh Government’s Be the Spark initiative and launched at the first Be the Spark event on the 28th June in Cardiff with Cabinet Secretary for Economy and Infrastructure.
Read the BBC's coverage of the report here: http://www.bbc.co.uk/news/uk-wales-40427709
Professor Kevin Morgan on 'Finding and funding innovation ‘hot spots’ to boost Welsh economy'
Making the Connection: A New National Innovation Compact for Wales - final report of the Growing Value Wales Task Force.
Full report (October 2017)
Summary report (June 2017)
Who are involved?
The Task Force is co-chaired by Professor Colin Riordan, Vice-Chancellor, Cardiff University and Dr Drew Nelson, President and Chief Executive Office, IQE PLC.
Dr Drew Nelson (left) Professor Colin Riordan (right)
Professor John Hughes, Vice-Chancellor, Bangor University
Dr Fraser Logue, Vice President and Managing Director, Siemens Healthcare Diagnostics Products Ltd
Dr David Docherty, CEO, National Centre for Universities and Business
Linda Phillips, Independent Business Consultant
Joanna Hodgson, Industries and Business Development, Technical Leader, Europe & UK, IBM
Professor Cara Aitchison, Vice-Chancellor, Cardiff Metropolitan University
Anne Dixon, Chief Operating Officer, Innovate UK
Rhodri Talfan Davies, Director, BBC Wales
Joanna Foster, UK Government & Business Relations Leader, GE Aviation
Professor Maria Hineflaar, Vice-Chancellor, Glyndwr University
Professor Medwin Hughes, Vice-Chancellor, University of Wales, Trinity Saint David
David Jones, Chair, Deeside Enterprise Zone
Liz Jones, Partner, Deloitte
Janet Jones, Chair, Welsh Policy Unit, Federation of Small Businesses
Ron Jones, Founder & Executive Chairman, Tinopolis Group
Professor Hilary Lappin-Scott, Pro Vice Chancellor, Swansea University
Professor Julie Lydon, Vice-Chancellor, University of South Wales
Ian Nellist, Gwynedd Branch Chairman, Federation of Small Businesses
Dr Penny Owen, Interim Executive Chair, Life Sciences Hub Wales
Ian Risk, Head of EADS Innovation Works UK, Airbus
Ashley Rogers, Chair, North Wales Business Council
Rob Rolley, R&D Director, General Dynamics UK
David Rosser, Director of Innovation, Welsh Government
Matthew Taylor, Chair, Welsh Industrial Liaison Officers
Dr Alyson Thomas, Head of Research, Innovation and Engagement, HEFCW
Professor Elizabeth Treasure, Vice-Chancellor, Aberystwyth University
Iwan Trefor Jones, Corporate Director, North Wales Economic Ambition Board
Dr David Williams, Chief Executive, Eco2
Ieuan Wyn Jones, Director, Msparc