Presentation to CBI Innovation - Business Insight Conference: Driving a Culture of Innovation

Description

Background: Innovation is at the heart of economic, social and cultural development. It drives productivity, raises living standards and helps to lay foundations for tomorrow’s world. Businesses that embrace new products, processes and technologies become more productive, challenge existing business models and grow quickly, therefore business innovation is fundamental to economic prosperity. The CBI’s Innovation Conference will spell out to local businesses just how essential innovating as a business is to deliver economic growth in Northern Ireland and lift productivity. While there is great work being done across the UK, the broader picture is less rosy: investment in research and development (R&D) has stalled at around 1.7% of GDP for the last 30 years, falling well short of global averages (2.4%). There is a similar story on firms adopting technology, whether cutting-edge or day-to-day – in some areas, like content management systems, the UK are the equivalent of a decade behind Denmark. The conference will set out the challenges, opportunities and solutions to get more Northern Ireland firms innovating. There- Driving a culture of innovation: This team has worked together on multiple occasions, most recently on a bespoke virtual 3D marketing system for simulating quarry equipment installations. Amanda Fullerton, Knowledge Exchange Manager - KTP, Ulster University Terry Quigley, Ulster University Name, title, CDE Global Attendees: 57 senior business leaders from 41 companies with an interest in innovation, productivity, investment, the economy and the general business environment.

Period	27 Jun 2018
Event title	CBI Innovation - Business Insight Conference
Event type	Conference
Location	Belfast, United Kingdom
Degree of Recognition	Local