The Fuse
Igniting High Growth or Creative, Digital andInormation Technology Industries in the UK
T h e F u s e
2
Contents
Introduction 3Recommendations 5Why do the Creative, Digital and Inormation Technology IndustriesMatter? 6CDIT Innovation Systems and the role o Government 7Higher Education and the CDIT industries 9CDIT Clusters and Innovation Systems 12Conclusion 15Case Studies 16Creative, Digital and Inormation Technology Industries Task Force 31Appendix 32Footnotes 48Further Material and Evidence 49
Report compiled and edited by Dr David Docherty, CEO, CIHE
3
T h e F u s e
“Digital, ICT and creative industries together should be thehorizontal platform for growth and competitiveness for theUK in the 21
st
Century”
Dr Mike Short, Vice President Research and Development, O2
The creative, digital and inormation technology(CDIT) industries orm a multi-trillion dollar market.Digital revenues are set to exceed $3 trillion inthe next our years, with entertainment and mediareaching $1.7 trillion in the same time scale.UK businesses will have to compete hard or ashare o this revenue, not only rom establishedcompetitors in the US, Japan and Australia, butalso rom burgeoning digital industries in Asia andSouth America. In China alone, 100 million newmobile phone customers connected to a network in2009 - swelling subscribers to 750 million. Add tothis China’s 105 million broadband customers, andclearly China is already the largest digital market inthe world, with all the scale benets that implies.The UK’s CDIT businesses need the right industrialinnovation systems to ignite or continue to powerhigh growth. They require the right balance o scal, regulatory and immigration policies, a supplyo high quality talent rom schools, urther andhigher education, the right mix o research anddevelopment incentives, and access to capital.Central to this is the golden triangle o government,higher education and businesses. Globalexperience demonstrates that when theserelationships are correctly balanced,businesses and universities
Introduction
fourish, and when they are unaligned, growthstalls or ails to ignite.To review whether these relationships are strongenough to enable UK businesses to compete inthis burgeoning market, the Council or Industryand Higher Education (CIHE) established a TaskForce on the CDIT industries led by Rona Fairhead,Chair and CEO o the Financial Times Group andChristopher Snowden, Vice Chancellor and CEO o the University o Surrey (or a ull list o memberssee page 31). Having reviewed a number o urgentchallenges to UK businesses, the Task Forceproposes a series o joint business-universitysolutions and necessary government interventions.(See page 5)The Task Force took a broad view o the denitiono the industries in its review, condent thathigh growth in CDIT businesses is increasinglyinterdependent, and that the usion o theseindustries has been the inexorable consequenceo the rise o the Internet. As o 2009, the globalInternet population has risen to 1.7 billion, withthe number o broadband subscribers soaring roma ew million to 475 million, and the number o mobile customers surging rom 480 million to 4.5billion. In the wake o this extraordinary growth,
Search History:
Result 00 of 00
00 results for result for
p.
The Fuse: Igniting High Growth for Creative, Digital and Information Technology Industries in the UK
The UK’s future economic prosperity relies, in part, on the ability of government, industry and universities to spark rapid growth in its Creative, Digital and Information Technology businesses, according to The Fuse a report published by the Council for Industry and Higher Education
1.7K
Reads
12
Readcasts
0
Embed Views
More From This User
Notes
Load more
