'Can we achieve Value Creation from Research?' by Dr Reid Hole, Dean of Faculty of Bioscience and Aquaculture, University of Nordland, Norway, Chairman of AquaTT.
Key points
At a time of significant public research budget constraint and intensive global competition, it is crucial for the EU to safeguard its sources of future growth and jobs. Europe must create an environment conducive to innovation and where there is a measurable return on research investment. Returns can include environmental, economic or societal benefits. Europe is consistently falling short of turning R&D results into commercial opportunities, innovations and jobs. The presentation will include aspects of the following;
- Definition of value creation .... Role of science and research in an applied sector like aquaculture...
- Who is responsible for value creation? And how do we incentivise them?
- How do we prioritise research agendas and how can the current research funding cycle be improved to drive innovation and ultimately value creation?
- Learning from past initiatives (MarineTT and Aquainnova)
About
In a career spanning over 35 years, Dr. Reid Hole has considerable aquaculture, industry, research and academic experience. Reid’s early research interests and skill set led to his appointment to manage a task force to establish a permanent animal research centre, including a laboratory, in the north of Norway (Bodø). Following his doctoral research, Reid was approached by Skretting AS and invited to become R&D manager for its agriculture and aquaculture businesses. Reid subsequently became Nutreco’s International Aquaculture R&D manager and established Nutreco ARC AS, an R&D organisation known today as Skretting ARC AS. In 2000, Reid was appointment as Director of Technology and Development at Nutreco. Later, he became Nutreco's Director of Food Safety.
Reid left Nutreco in 2005 to establish his own consulting organisation - RH Consulting. Through his work with RH Consulting, Reid has joined taskforces for large biotech companies as well as overseeing the floatation of companies to the stock market. He has also been involved in the foundation of biotech companies, including GenderGuide AS. Reid has served as a board member for many organisations and companies. He is a current board member of the following: Pharmaq AS; the Bionær programme (the Research Council of Norway); the Norwegian Board of Technology (an advisory body to the Norwegian government); and AquaTT. He has previously served as a board member of e.g. Nofima AS; AKVAFORSK AS; Nutreco subsidiaries; and the Fishery Industries Advisory Board (FAO subsidiary). Though Reid is still involved with RH Consulting, it is through his current academic post as Dean of the Faculty of Bioscience and Aquaculture at the University of Nordland that he continues to promote his long-held interest in innovation and value creation from scientific research.
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