Industrial Strategy: call for views government response

Over 50 responses were received from IP attorneys, trade bodies, industry associations and a range of industry sectors. As a result the IPO has committed to:

  • work with the British Business Bank and Her Majesty’s Treasury (HMT) to address barriers to growth for IP rich firms. This should help them use their IP to access growth funding
  • pilot an ‘Innovation Enabler Fund” for Local Enterprise Partnerships and Universities of the West Midlands. This will give financial and advisory support to help local Small, Medium Enterprises (SMEs) put in place IPstrategies
  • review and update the IP Finance Toolkit
  • develop a Business to Business toolkit to help business cooperation

Minister for Intellectual Property, Sam Gyimah said:

We are a nation of great ideas, which for many companies and innovators are their most valuable asset. Today’s response shows our intellectual property community that we are listening, and through our modern industrial strategy are determined to back our ambitious creators with a world-class IP regime.

You can read the full response on the Industrial Strategy call for views.

Source: gov.uk, 21st May 2018

SIEMENS UK BOSS CALLS FOR NORTH TO LEAD ‘NEXT INDUSTRIAL REVOLUTION’

The chief executive of Siemens UK has called on manufacturers in the Northern Powerhouse to ‘lead the next industrial revolution’.

Juergen Maier, chief executive of Siemens UK and author of the Made Smarter Review, urged industry across the North to commit to embedding technology, information and data into everything they do.

Speaking to an invited audience of northern industrialists and young engineers at the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) today (10 May 2018), he said review said a new ‘digital Industrial Revolution’ could support the creation of 175,000 new jobs over ten years; mainly skilled roles in engineering, software and design.

“Leading the next industrial revolution cannot be done from Whitehall; it cannot be done from London. It can only be done in the North,” Maier said.

“This city of Sheffield was world-renowned for high-quality steel production, but fell into decline as the industry collapsed and cheaper alternatives across the world became available. We should all be determined that we do not let this happen again.

“This is our chance to reverse that decline and create the high-skilled jobs for generations to come. Through embracing technology we can lead the world once again – exporting new Northern industries all over the globe.”

“Many of our smaller firms have led the way. Now we want thousands more to come on board. There is nothing to fear but plenty to gain.”

His sentiments were echoed by Professor Sir Keith Burnett, president and vice-chancellor of the University of Sheffield: “As the cradle of the first industrial revolution, the north of England sent new products to the world. Now we need the infrastructure, research, innovation and skills which will enable us to lead in the era of Industry 4.0.

“This means new approaches to bringing together world-class research and teaching with global companies and their supply chains, creating new products and reshoring production. This is an area where the University of Sheffield is leading the way, working with Boeing, McLaren, Siemens and Rolls-Royce to make the Northern Powerhouse a reality.”