Event: GenSight Executive Seminar: Optimising Portfolio Management through Effective Project Selection, 29 November 2007

The theme of this day seminar at the Institute of Directors, London, will be how organisations can more strategically manage project portfolios to optimise constrained resources and achieve alignment with corporate goals. Attendees will leave this seminar with a wealth of stimulating ideas on how to enhance strategic alignment, flexibility, efficiency, risk reduction and value creation. Speakers will be addressing:

• How to achieve portfolio balance to deliver strategic goals.
• How to manage portfolio performance to reduce risk and increase value
• Resource planning and optimisation methods
• Enhanced governance
• Accelerating project throughput
• Enhancing information quality to improve project control

This event is free to attend, and is open to senior executives involved in New Product Development and R & D, Strategic Programme Management, Strategic Planning, Portfolio Management and Project Based Investment. To register, email terry.cummings@gensight.com with your name, job title, company details, phone number and that you saw details of the event on the R&D Society website.

R&D Society in the media: DIUS 2007 R&D Scoreboard

The annual R&D Scoreboard, produced for the first time by the new Department for Innovation, Universities and Skills, has just been published, with endorsement from the Research and Development Society.

It reports on the patterns and trends of the 850 largest corporate spenders of R&D in the UK and the 1,250 companies in the world most active in R&D in 2006, based on R&D expenditure reported in company accounts. It reports that the 850 UK firms spent almost £21 billion on R&D - a rise of 9 per cent. The 75 biggest firms increased their R&D spend by 12 per cent, in part due to the UK world-leading status in pharmaceutical R&D. This growth is mainly due to increases in the pharmaceuticals, fixed line telecommunications, and aerospace and defence and banking. These 75 firms account for two-thirds of the £21 billion spend, with the remaining 775 firms increasing R&D spend by only 3.4% compared with last year.

Figures for smaller firms show 95 more firms invested over £0.5m in R&D compared with last year, and invest more in R&D as a proportion of sales than their larger peers. Listed companies (ie those with shareholders) increased their R&D by 12.4% compared with a 0.9% increase for unlisted companies. The top UK sectors by R&D spend were pharmaceuticals, aerospace and defence, software, fixed line telecommunications, automobiles and banks. The sectors that saw the greatest increases in R&D expenditure were travel and leisure, fixed line telecommunications, mining, mobile telecommunications, household goods and banking.

Our event on 22 November 2007 will explore these issues and more. The Scoreboard is published for free on DIUS’s website.

Funding: Media Sandbox for South West England digital media R&D, c/d 29 Nov 2007

Media Sandbox is a new commissioning scheme to support South West companies/organisations to research emerging possibilities in digital media. It is looking to make six catalytic investments in innovative Research and Development pilots which exploit opportunities in digital media presented by pervasive computing/wireless technologies. The scheme is an entirely unique opportunity for SMEs to collaboratively create radical new products and processes – pushing forward understanding and potential usage of next generation digital media. Applicants must attend a collaborative ideas lab on 29 November 2007 in Bristol. The projects
must be innovative and Research and Development based, with at least one partner based in the South West of England.

R&D Society event: Investing in R&D: the how, where, when, and why , 22 November 2007

Why does R&D expenditure matter? How should executives manage their R&D investment? Should companies increase their R&D spending for greater returns? Should executives (and their company's shareholders) view R&D as an expense or an investment? With the recent publication of the 2007 UK R&D Scoreboard and the 2007 EU Scoreboards, which benchmark companies and countries on their R&D spend, Investing in R&D: the how, where, when, and why, seeks to draw out the key lessons from the scoreboards' tables, to celebrate companies that are leaders in their field, and to help companies understand why R&D expenditure matters.

Following an introduction from Mike Tubbs on the latest evidence for the links between R&D and business performance, a panel of senior executives from leading R&D-intensive UK companies will give their insights, including:

• Richard Longdon, Chief Executive, AVEVA
• Bill Stuart-Bruges, Development Director, Sondex
• Brent Vose, VP of Oncology in Development, AstraZeneca

Following the presentations, a panel and audience discussion will explore the how, where, when, and why of investing in R&D.

Doors open for registration and coffee at 6pm. The meeting starts at 6.30pm with a drinks reception at 8pm. Book by completing the online form and follow with payment online or by post. The meeting fee is £20 for R&D Society members and £40 for non-members, including refreshments and wine reception.

Funding: SPARK Award Call 2007, c/d 16 November 2007

The Electronics Enabled Products KTN, is pleased to announce a new call for SPARK awards aimed at building relationships between SMEs (Small to Medium sized Enterprises) and HEIs (Higher Education Institutes). The grants, which are of a fixed value of £5,000 each, will be awarded to the relevant HEI to tackle a problem of direct relevance to the SME. The grants aim to help the SME tackle a problem they are currently facing, and to lead to longer-term relationships between the educational institutes and the business community. Applications, which may be made online, are actively encouraged in the areas of design, development and manufacture of complex products with integrated electronic and mechanical function.

Opportunity: Exhibit at the Royal Society Summer Science Exhibition 2008, c/d 5 November 2007

The Royal Society is inviting proposals from commercial and academic organisiations for the 2008 Summer Science Exhibition, its most prestigious annual event. The exhibition attracts a great deal of media interest and is a fantastic opportunity to showcase your research to the public, post-16 and potential university students, scientists, policy makers, MPs, captains of industry, representatives from funding bodies and research councils, teachers and the wider scientific community. The 2008 Summer Science Exhibition will take place from 30 June - 3 July at the Royal Society in London. The Royal Society’s selection committee selects around 20-25 teams to share the excitement of their research with a wider audience. The Exhibition makes a significant contribution to the Society’s work in encouraging public engagement with science and promoting science education. The large number of post-16 students attending the Exhibition also gives exhibitors a unique opportunity to influence and enthuse potential university students about careers in science. Propose an exhibit via the Society's website by the closing date of 5 November 2007.