This project maps the region’s university infrastructure, focusing specifically on STEM assets, and compares the commercial and non-commercial impacts of the assets, identifying any social/environmental/economic trade-offs.
There are two key phases of this project. The first is to map the region’s university infrastructure, focusing specifically on STEM assets. Examples include (i) Warwick Manufacturing Group; (ii) the Manufacturing Technology Centre; (iii) High-Temperature Research Centre; (iv) Tyseley Energy Park; (v) University of Birmingham’s Life Science Park; and (vi) SteamHouse.
The project will work to identify the size, scale, employment, turnover, and growth of each of these assets, in direct and indirect terms using proxy measures and multipliers. The second phase of the project is to compare the commercial and non-commercial impacts of the assets, identifying any social/environmental/economic trade-offs. Examples of non-commercial impacts are healthcare interventions, public sector and social innovations. This impact analysis will help identify different forms of regional economic growth that can be attributed to university-related investments. The aim is then to model what the impact would be if the assets did not exist, as well as, estimating the regional impact of the adoption and diffusion of specific commercial and non-commercial innovations in the pipeline.
WMREDI
Research Theme 3
Regional Innovation Ecosystem
- The project will work to identify the size, scale, employment, turnover, and growth of STEM assets, in direct and indirect terms using proxy measures and multipliers. STEM (science, technology, engineering, and mathematic) assets could be specific technologies that the universities have developed or research centres / hubs. Examples include (i) Warwick Manufacturing Group; (ii) the Manufacturing Technology Centre; (iii) High-Temperature Research Centre; (iv) Tyseley Energy Park; (v) University of Birmingham’s Life Science Park; and (vi) SteamHouse.
- Compare the commercial and non-commercial impacts of the assets, identifying any social/environmental/economic trade-offs. Examples of non-commercial impacts are healthcare interventions, public sector and social innovations. This impact analysis will help identify different forms of regional economic growth that can be attributed to university-related investments.
- Model what the impact [aggregate effects (macro-extension) would be if the assets did not exist, as well as, estimating the regional impact of the adoption and diffusion of specific commercial and non-commercial innovations in the pipeline.
- Identify the factors that constrain the innovation/productivity growth of these STEM assets and to what extent they are region or university specific
STEM Assets in the West Midlands Innovation Landscape: STEAMhouse
City-REDI Blog, July 2023
Regional Systems of Innovation – How Does the West Midlands Compare With its European Counterparts?
City-REDI Blog, June 2022
How Does the Innovation Performance of the West Midlands Rank on the National and International Stage?
City REDI Blog, June 2022
STEM Assets in the West Midlands: The Warwick Manufacturing Group
City-REDI Blog, March 2022
From Great R&D to Better Outcomes for the UK
City-REDI Blog, December 2020
Enabling Local R&D Systems to Drive Growth
City-REDI Blog, December 2020
Economic Recovery Post COVID-19: The MIT Regional Entrepreneurship Acceleration Programme (REAP)
City-REDI Blog, September 2020
Commercialisation of University Research as a Pathway to Regional Growth
City-REDI Blog, August 2020
Research and Development (R&D) Roadmap
City-REDI Blog, July 2020
Why is the West Midlands Attractive to Private R&D Investments but Not Government Funding?
City-REDI Blog, June 2020
The Impact of COVID-19 on Firm Innovation: The Case of the West Midlands
City-REDI Blog, May 2020
Incubators, Accelerators and Local Economic Development
City-REDI Blog, October 2018
Policy Briefings and Presentations