Chaired by Tim Minshall (Dr John C. Taylor Professor of Innovation and Head of the IfM) this Briefing was on the theme of ‘Strategic approaches to digitalisation’, Dr Carlos López-Gómez, Head of the IfM’s Policy Links Unit, shared findings from recent research by his team for Innovate UK, looking at international evidence from major digital manufacturing initiatives undertaken or supported by national governments.
Based on this, Carlos explained the key opportunities that companies are harnessing from new technologies, and where they are focusing their efforts, as well as evidence of value capture and data on business improvements for particular metrics (such as reduction of labour costs or reduction of defects and errors). He also connected this with the most common types of barriers to technology deployment—including people, organisational, technical, market, economic/financial, and regulatory/policy—evident across sectors, and examples of how policy initiatives can mitigate these barriers. Read more about this IfM Briefing here: