Îʶ¦ÓéÀÖ

Purpose

The purpose of the Council is to advise the Îʶ¦ÓéÀÖon a broad range of innovation related issues, including monitoring progress against the delivery of the Îʶ¦ÓéÀÖ Government’s Economic Action Plan: Prosperity for All.

The Innovation Advisory Council for Wales will:

• advise the Îʶ¦ÓéÀÖon a broad range of innovation matters to ensure Wales’ economy improves the wellbeing of Wales’ citizens, environment and communities
• provide thought leadership on innovation in Wales
• provide advice on innovation strategy, policy and priorities to allow the Îʶ¦ÓéÀÖto make effective use of available means of support in formulating and implementing policies to support the full range of its objectives
• ensure that innovation in all its forms, that spans  industry, university, public and third sector perspectives, is considered for the benefit of the economy and future wellbeing of generations
• monitor progress against and contribute to the delivery of the objectives of the Îʶ¦ÓéÀÖEconomic Action Plan
• advise and update the Îʶ¦ÓéÀÖon emerging innovation trends and developments within the UK, EU and Worldwide. Identify areas of existing strength and future opportunity using the ‘smart specialisation’ approach identified by the European Commission
• advise Îʶ¦ÓéÀÖon the strategic fit of potential EU-funded projects with a Îʶ¦ÓéÀÖ innovation agenda
• develop policy ideas and interventions to help set out a future innovation landscape in Wales