The UOW Innovation Campus and interactions with industry - Professor Paul Wellings Vice-Chancellor
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University of Wollongong • Established in 1951 • Australian campuses in Wollongong, the Shoalhaven and Sydney • International campus - The University of Wollongong in Dubai, UAE • Over 30,000 students and 2,200 staff • Over 100,000 graduates and 68,000 registered alumni worldwide • Students from 140 countries • Strong international links
University of Wollongong Rankings TOP 2% OF WORLD UNIVERSITIES • 264th in the world – QS World University Rankings 2012/2013 • 305th in the world – Times Higher Education World University Rankings 2012/2013 • 346th in the world – Academic Ranking of World Universities 2012 GLOBALLY RANKED AS ONE OF AUSTRALIA’S BEST MODERN UNIVERSITIES • 33rd in the world – Times Higher Education Top 100 Under 50 Rankings 2012 – Equal First in Australia • 30th in the world – QS Top 50 Under 50 Rankings 2012 GLOBALLY RATED A FIVE STAR UNIVERSITY • 5 Star rating – QS World University Rankings 2012/2013 • First in Australia for Educational Experience and Graduate Outcomes – Australian Good Universities Guide 2013
University of Wollongong – Industry Partner • UOW’s value extends beyond its teaching and learning excellence • The R&D conducted by UOW is geared to be of value to Industry • UOW has shaped its R&D Focus accordingly • What makes UOW valued by Industry – how do we attract valued people and partners ?
Flight of the Creative Class • … Global competition for creative talent will be the defining economic issue of the 21st century • "the creative class” are individuals who develop new processes, businesses, technologies, and art. • … we must develop an environment, physically, culturally and intellectually attractive to this “Creative class”
Do we fit ? • Florida states that Large World Class Cities (including Sydney) are; – recruiting foreign technology companies – Bolstering higher education linkages – Have a rich combination of Patents and Highly Cited Scientists – invest aggressively in R&D, and – Expanding cultural and lifestyle amenities • These cities dramatically increase their ability to retain homegrown talent and become magnets for regional talent
The Holy Grail ... • Larry Summers – Secretary to the US Treasury under Clinton • Regions of global development demand are those; – Close to a world class – research led University – Strong established industry base, and – 1 hour from a major international airport • Welcome to Wollongong !
The Value of Partnerships • UOW attracts partnerships with Industry • It is part of UOW culture to partner with Industry to drive mutual benefit • UOW has enjoyed a 50 + year history of working closely with Industry • We believe in this so much we’ve created a place for this interaction to occur : The Innovation Campus
Case in point : IT Centres on Campus • Multinational Corporations that have had R&D and operational facilities on UOW campus over the years include: • Nortel Networks (Canada) – largest R&D presence in the southern hemisphere • Accenture (USA) and • Andrew Corporation (USA) • Given such interest - UOW developed the Innovation Campus for innovative corporations to locate along-side UOW researchers
Location Selection KPMG engaged by the University and the City of Wollongong to benchmark “location attractiveness”
Cost Factors Other Key Factors Business Costs Business Environment Land/building/office Labour availability Business Labour – wage/salary Access to markets / Transport customers Utilities Road, rails, port and airport Finance Internet Regional Taxes Land and building sites Regulatory Environment Cost of Living Quality of Life Personal taxes Crime rates Personal Housing affordability Healthcare facilities Healthcare costs Schools and Universities Education costs Climate Journey to work times Culture and Recreation
Why is working with UOW attractive? R&D ‘A’ Grade Infrastructure Cost Skills Proximity Links Real Estate And Lifestyle Benefits • Qualified staffing options – UOW Graduates (1000+ pa in ICT) • State of the art / multidisciplinary research teams • Easy access to IP – An Australian First ! • 1 hour 15 mins from Sydney : 2 hours 30 mins from Canberra • Customised buildings – environmental • Tier 3 Data Centre in Wollongong • A coastal innovative location in a region boasting: > Proximity and access > Lifestyle benefits • Cost Effective! – rents up to 50% lower than Sydney
Cost Factors Other Key Factors Business Costs ✔ Business Environment ✔ Land/building/office ✔ Labour availability ✔ Labour – wage/salary ✔ Business Access to markets / Transport ✔ customers ✔ Utilities ✔ Road, rails, port &airport ✔ Finance ✔ Internet ✔ Regional Taxes ✔ Land and building sites ✔ Regulatory Environment ✔ Cost of Living Quality of Life Personal taxes ✔ Crime rates ✔ Housing affordability ✔ Healthcare facilities ✔ Personal Healthcare costs ✔ Schools and Universities ✔ Education costs ✔ Climate ✔ Journey to work times ✔ Culture and Recreation ✔
Wollongong and The Innovation Campus • The best ranked City for – Corporate and IT Services, and – Research and Development activity
Our Partners – In Residence @ iC
Our R&D Partners @ iC
Key Stakeholders
The Innovation Campus advantage Business Growth Potential @ iC Proximity Flexible Customised Cost To Leasing Lifestyle Incentives Buildings Effective Major Options Markets University Foundation (Graduate Supply, R&D Capability, Partnership)
A Personal Invitation A future with the University of Wollongong is limitless. We invite you to engage in: World-class researchers • Research collaborations State-of- • Industry partnerships the-art facilities In-depth industry • People-to-people exchanges partnerships and collaborations • Discussions about your company’s future at iC
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