Industrial Upgrading and Innovation in UK
Marie
Feb.25 2016
The secret to UK Innovationdriven Development
Future of manufacturing
Where fashion and tech
become to meet
Industrial upgrading through
innovation
What is the secret to UK Innovationdriven Development?
Why do UK do so well in innovation?
UN, US Cornell, France INSEAD
Investing in innovation
Sustained investments by the Government in the UK science and innovation
system ensure the facilities and capability: £5.9 billion over the next 5 years,
including £3 billion to support world class labs in universities and research
institutes.
The UK Innovation Investment Fund (UKIIF) supports the creation of viable investment
funds targeting UK high growth technology-based businesses.
1
Business-led Innovation
 open business environment
 policies to support innovation
 ‘innovation friendly’ tax regime
 investment in intangible assets
 a strong culture of creativity,
invention and an entrepreneurial
mindset
Collaboration for innovation
thriving collaboration between business and universities in the UK
Industrial Upgrading
“Future of manufacturing: a new era of opportunity and
challenge for the UK - summary report”
(manufacturing 2050)
Value chain of manufacturing
Made in China 2025" plan(MiC2025)
----from textile to fashion industry
• Fashion and creative industries such as the
textiles and clothing, footwear, and leather
sectors, operate at the crossroads between
arts, business, and technology.
• They are in a strategic position to link
creativity to innovation at a time when
culture-based creativity is an essential
feature of business innovation in the new
economy. Their potential to contribute to
the re-industrialisation is often overlooked.
• The U.K. fashion market is a leading industry
well known for key players like Burberry,
Marks & Spencer, Next, TopShop, Asos,
Mulberry, Supergroup etc.
Tech prediction of 2015 :
3D printing\smart fabrics
Smart clothing、Wearble garments
Open
Innovation
3D printing
Incredible sports bras(Victoria’s Secret)
Corporate Innovation
Corporate innovation are more of “Mix and
match”
Innovation is Open, instead of closed; it is
new instead of traditional
It has become highly collaborative and
interactive
Industrial upgrading through innovation
the key to sustainable growth and future
prosperity depends on creation of
innovative ecosystems country by country
and linking them.
Thriving through Innovation
Thank you!