Page 120 - Minutes of meeting
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The Resilience Challenge

   Innovation



                                                                                       Cumbria’s Innovation Activity Profile, 2014-16
    Further insight into Cumbria LEP’s performance across
    different types of innovative activities is provided by                                                                                                                  Rank
    the      Enterprise        Research          Centre        (2019).       Ten                                          Benchmark                      % of frims        (out of 39
    benchmarks were constructed to capture three types                                                                                                                      LEPs*)
    of innovation activities. The analysis used data from                                                     Introduction of new business
    the UK Innovation Survey 2017, which captures firms’                                                      practices                                    23.1%               25
    innovation activity between 2014-16.                                                 Organisational
                                                                                         and marketing        Introduction of new methods of
    The table illustrates that innovation activity levels in                               innovation         work organisation                            13.6%               37
    Cumbria are low across all metrics. Cumbria LEP
    ranks amongst the five worst performing LEPs in 4 out                                                     Marketing innovation                         13.4%               24
    of 8 available benchmarks. An exception is process
    innovation, in which Cumbria appears to have a strong                                 R&D, design         % of firms undertaking R&D                   16.2%               34
                                th
    footing as it ranks 7 .                                                                investment         % of firms undertaking design
                                                                                               and            investment for innovation                      n/a               n/a
    Innovation active firms in Barrow include those within                                collaboration
    the manufacturing and energy supply chains including:                                                     Collaboration for innovation                 22.1%               38

    ▪ BAE Systems                                                                                             % of firms undertaking product or            21.3%               37
                                                                                                              service innovation
    ▪ James Fisher Marine & Sub-Sea
                                                                                           Innovation         New to the market product and                  na                n/a
    ▪ Siemens Subsea                                                                     Outcomes and         service innovation

                                                                                              sales
    ▪ Forth Engineering                                                                                       Sales of innovative products and             18.3%               39
                                                                                                              services

                                                                                                              Process Innovation                           20.5%                7


     * The LEP geography preceding the recent consolidation was used to facilitate comparability with earlier studies.
   Source: Benchmarking Local Innovation, ERC, 2019
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