Oxfordshire plays a pivotal role in UK’s ambition to be a scientific superpower according to a new report by Advanced Oxford

Business leaders and academics alike have welcomed an insightful new report and interactive dashboard published by Advanced Oxford 新しいタブ／ウィンドウで開く in conjunction with Elsevier. Oxfordshire’s Innovation Engine 2023 report assesses the growth of the region’s science and technology ecosystem over the last 10 years, the challenges ahead and puts forward six actionable recommendations to help Oxfordshire support the government’s ambition for the UK to be a scientific superpower by 2030.

The report was launched at a prestigious event at The Oxford Trust’s Wood Centre for Innovation on 6^th June 2023, which was attended by over 100 guests including Professor Sir John Bell and leading Research & Development based companies from across Oxfordshire.

This latest research looks at the progress that has been made in the decade since the first Oxfordshire Innovation Engine report, Realising the Growth Potential 2013, was published. Pulling together a wealth of data, the new report reveals the region has 2,950 high-tech businesses employing nearly 29,000 people, while Oxfordshire’s knowledge economy contributed £2.4 billion to the UK economy (Gross Value Added in 2021) – a 72% growth in GVA compared to 2013.

It is clear from the report that Oxfordshire has a thriving innovation ecosystem with a flourishing community of spin-outs and start-ups. In fact, 64% of the region’s businesses are innovation-active according to the UK Innovation Survey and 5,700 patent applications have been made by Oxfordshire based firms and institutions in the last five years (to 2022).

As well as confirming Oxfordshire’s position as a global scientific powerhouse, the report identifies constraints which could impede future growth of the science and research sector in Oxfordshire, and similarly other regions in the UK. The report highlights the need to improve data connectivity, power infrastructure and the transport system, which could all be a block to future growth and need to be addressed if the UK’s ambition to be a scientific superpower is to be realised.

Although the region’s science parks and campuses have grown substantially in the last decade, space also remains a challenge with the demand for office and laboratory floorspace exceeding one million square foot. This mismatch of supply and demand is driving inflation in rents. Furthermore, the report reveals that technology-focused businesses in the county still tend to be male dominated, in both their formation and leadership, with only 18% having at least one female founder.

Sarah Haywood, Managing Director of Advanced Oxford, explained: “Advanced Oxford intends that this report acts as a stimulus to Oxfordshire’s innovation community, to come together, to drive the next decade of prosperity, to build a forward-looking and resilient economy. New mechanisms and structures are needed – Advanced Oxford will play its part – but a collective endeavour is needed if Oxfordshire’s innovation ecosystem is to flourish, strengthen and play a pivotal role in making the UK a beacon for science, technology, and innovation.”

Oxfordshire’s Innovation Engine 2023 is published alongside a new ‘innovation dashboard’ designed by Elsevier for the Oxfordshire region. The dashboard draws together a set of indicators that attempt to characterise the ecosystem, giving a timely and relevant picture of the knowledge economy across the region. It is intended that this dashboard will be enhanced and developed as new data inputs become available.

Speaking at the launch event, Professor Sir John Bell said: “I welcome the work by Advanced Oxford and Elsevier to draw together this report and dashboard. It is timely, given the UK’s ambition to be a scientific superpower. Oxfordshire has an enormous contribution to make to the UK ambition, but we cannot be complacent. There is still a lot that needs to be done if we want to realise the full potential of this region to solve some of the most pressing, global challenges we face.

“The Oxford region has the ideas and the talent to be a leader in innovation, but we need to see greater leadership, investment and we need to solve some of our most pressing infrastructure problems. Oxfordshire’s Innovation Engine 2023 provides a stimulus for the region to come together to drive forward our innovation ecosystem.”

The report calls for action to address the challenges and sets out six recommendations:

• Strengthen leadership across the region in relation to innovation.

• The City Council and the County Council need to work together to develop a much needed, future-looking transport system, which is Oxfordshire-wide, not just focused on the City of Oxford.

• Grow and diversify the number of risk capital investors operating within the region.

• Develop a new, clear, strategy, with collective buy-in, for inward investment into the region. Different players within the ecosystem need to work together to ensure that Oxfordshire is open, coherent and can respond to potential investors.

• Join up nodes of innovation across the region and help internal and external stakeholders to navigate the landscape through better defined pathways and connectors.

• Develop a suite of communications tools and assets, tailored to the needs of different audiences, which can be used by all players, to tell Oxfordshire’s innovation story.

Andrew Plume, President – International Center for the Study of Research & Vice President – Research Evaluation, Elsevier: “Elsevier has been delighted to partner with Advanced Oxford in support of this work, as it underlines our continued investment in data and analytics supporting insights and decision-making around research and its broader impacts. As a global business with a strong local presence in Oxfordshire, we are also glad to see ourselves reflected in the dashboard as an organisation contributing to the county’s strong position in R&D.”

Minister of State at the Department of Science, Innovation and Technology (DSIT), George Freeman MP said:

“The Oxfordshire Cluster is home to one of the world’s leading universities and a raft of public research institutions at Culham and Harwell, around which a network of world class spin-out companies and investors are growing world class high growth companies. Growing our UK clusters all around the country is a key part of our Innovation Nation mission to highlight the innovation economy to benefit all parts of the country.

“The Innovation Engine 2023 report provides valuable insight into the growth of Oxfordshire’s innovation ecosystem over the last decade. Whilst the report highlights the region’s huge successes, it also helpfully presents some challenges that need to be addressed – from infrastructure to skills and more, which this report provides a roadmap to help the region and Government work to address.

“With great local leadership, growing inward investment, and infrastructure improvements, the Oxfordshire Cluster has a huge future and role as a jewel in the crown of the UK Innovation Economy.”

Speaking at the launch of Oxfordshire’s Innovation Engine, 2023, Nicola Blackwood, Baroness Blackwood of North Oxford said, “Oxford is a scientific super-cluster. From our universities, to our science parks, academics to investors; each plays a crucial part in keeping our innovation engine running. And while over the past decade we have seen this super-cluster continue to flourish, our job is not yet done. We cannot rest on our laurels. The Oxfordshire’s Innovation Engine 2023 report and Dashboard are crucial resources in helping us take stock of all we have achieved, but more importantly they must aid Government - at all levels - to ensure Oxford continues to play a leading role in helping the UK achieve its Science Superpower ambitions.”

A united voice for the high-tech and innovation industry, Advanced Oxford is a research-led membership organisation of senior leaders from the major knowledge-intensive businesses in the Oxford region. Members include companies, universities, the NHS through Oxford Academic Health Science Network and providers of innovation infrastructure and support such as The Oxford Trust and Oxford Innovation Advice.

Download the full report or register your interest in supporting the report’s recommendations, at www.advancedoxford.com/innovation-engine 新しいタブ／ウィンドウで開く

For more information on Advanced Oxford, visit www.AdvancedOxford.com 新しいタブ／ウィンドウで開く.

---

About Advanced Oxford

Advanced Oxford is a not-for-profit membership organisation with members drawn from R&D based/innovative companies working across Oxfordshire.  Our membership includes companies, Oxford’s two universities, the NHS through Oxford Academic Health Science Network and providers of innovation infrastructure and support.

Advanced Oxford is research-led, providing analysis and a united voice for our members on the key issues affecting the development of the innovation ecosystem in the Oxford region.  We generate our own research and work to support and inform key stakeholders involved in the development of the business environment, infrastructure, and policy.  Advanced Oxford is working to support the long-term development and success of the Oxford region as a place to live and work. We do this by drawing on our collective experience of setting up, running, or working in knowledge-based, innovation-focused businesses and organisations. We use our connections to other businesses to generate evidence and undertake research. www.AdvancedOxford.com 新しいタブ／ウィンドウで開く.

About the International Center for the Study of Research at Elsevier

The mission of the International Center for the Study of Research (ICSR) is to further the study of research and thus to contribute to the evidence base supporting the practice of research strategy, evaluation and policy. Our vision is a world in which decisions informed by such evidence benefit research and society.

Realising the Growth Potential 2013 Report

The Oxfordshire Innovation Engine – Realising the Growth Potential report, was published in the autumn of 2013. The report was commissioned by The University of Oxford and The Oxford Trust, with support from the Oxfordshire Local Enterprise Partnership (OxLEP). They commissioned SQW to analyse the characteristics of high tech Oxfordshire, its future growth potential and the challenges involved in realising that potential.

エルゼビアについて

エルゼビアは情報分析を専門としたグローバル企業として、研究者や医療専門家の方々を支援し、社会にとっての利益最大化に向けて、科学や医療の進展を支えています。これは、信頼できるエビデンスによるコンテンツと高度なAI対応によるデジタル技術に基づく革新的なソリューションにより、知見の集積や重要な意思決定を支援することで実現されています。

エルゼビアは、全世界で9,700人の従業員（うち技術者2,300人以上）を抱え、140年以上にわたって、研究者、図書館員、アカデミックリーダー、資金提供者、政府、研究開発集約型企業、医師、看護師、将来の医療専門家、教育者など研究・医療分野におけるパートナーの重要な活動を支援してきました。エルゼビアが刊行する3,000誌以上の科学ジャーナルと代表的な参考書には、The Lancet 新しいタブ／ウィンドウで開く、Cell Press 新しいタブ／ウィンドウで開くおよびGray’s Anatomyなどをはじめとする、各分野を代表する主要なタイトルが含まれています。 エルゼビア・ファンデーション 新しいタブ／ウィンドウで開くとの活動を通し、私たちがサービスを提供する地域社会と連携して、開発途上国を含む世界中の医学、研究、医療分野における、インクルージョン＆ダイバーシティ（I&D）の改善に努めています。

エルゼビアは、専門家および企業向けの情報分析および意思決定ツールのグローバルプロバイダーであるRELX Group 新しいタブ／ウィンドウで開くの一事業を担っています。エルゼビアの事業内容、デジタルソリューション、コンテンツなどの詳細については、www.elsevier.comをご覧ください。