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The lost art of risk management
https://www.ifm.eng.cam.ac.uk/research/ifm-review/issue-2/the-lost-art-of-risk-management/External risk relates to those economic, political and environmental shocks which may be difficult to predict but should, with the right mitigation capabilities in place, be possible to withstand. ... External economic slowdown, for example, can trigger -
IfM Review - 3D printing: The shape of things to come?
https://www.ifm.eng.cam.ac.uk/research/ifm-review/issue-1/3d-printing-the-shape-of-things-to-come/The project is jointly funded by the Engineering and Physical Sciences Research Council (EPSRC) and the Economic and Social Research Council (ESRC) under the ‘New Economic Models in the Digital Economy’ ... Lecturer in Economics of Industrial Systems -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/new-platform-provokes-debate-on-future-of-high-tech-cluster/The global economic downturn is having a direct impact on the start-up, growth, and retention of companies within the cluster.". ... Dr Minshall outlined three issues underpinning the launch of this blog: "Firstly, the global economic downturn is having -
Brazil’s BRIC foundations provides strong base for growth
https://www.ifm.eng.cam.ac.uk/news/brazils-bric-foundations-provides-strong-base-for-growth/The tour group has just issued its findings which reveal Brazil as well placed to fulfil its economic potential. -
Quantified Scholar
https://www.ifm.eng.cam.ac.uk/research/uci-policy-unit/events/quantified-scholar-seminar/Prior to joining UC San Diego, he was an assistant professor in sociology at the London School of Economics and Political Science. -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/leverhulme-trust-lecture-technology-ip-and-innovation-in-the-economy/So what can we learn from past and current Nobel Laureates in economics about issues like these? ... He has spent many years as Visiting Professor at Department of Economics at Stanford University. -
Manufacturing on the agenda as trade mission visits Cambridge
https://www.ifm.eng.cam.ac.uk/news/manufacturing-on-the-agenda-as-trade-mission-visits-cambridge/generate economic growth. ... More than 100 people attended the event and heard how policy and regulatory frameworks can help assist hi-tech economic growth. -
ESRC Chief Executive leads latest Breakfast Briefing Series
https://www.ifm.eng.cam.ac.uk/news/esrc-chief-executive-leads-latest-breakfast-briefing-series/Chief Executive of the Economic and Social Research Council (ESRC), Professor Ian Diamond, led the first in the IfM's latest Breakfast Briefing series, themed on 'Mapping the trends', with a -
New partnership aims to unlock a manufacturing revolution
https://www.ifm.eng.cam.ac.uk/news/new-partnership-aims-to-unlock-a-manufacturing-revolution/If UK industry takes heed, and takes decisive action, the nation is well positioned to seize massive economic improvements. -
Spinning out success
https://www.ifm.eng.cam.ac.uk/research/uci-policy-unit/uci-news/spinning-out-success/that drives innovation, economic growth, and societal benefits for the UK. -
EPSRC Manufacturing the Future conference hosted by the IfM
https://www.ifm.eng.cam.ac.uk/news/epsrc-manufacturing-the-future-conference-hosted-by-the-ifm/Both speakers emphasised the need to develop an infrastructure which will ensure that new ideas emerging from the UK’s research base are successfully commercialised to deliver economic impact. -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/ifm-makes-an-impact-at-digital-manufacturing-week/economic growth through productivity and innovation. -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/sharing-in-growth-wins-national-skills-innovation-award/Sharing in Growth CEO Andy Page commented on the impact of the programme “Productivity is the economic challenge of our time. -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/institute-for-manufacturing-design-show-2023/By decreasing maintenance and infrastructural costs, it offers an economic boon while also contributing to an environmentally sustainable approach to agriculture. -
Current Projects
https://www.ifm.eng.cam.ac.uk/research/dial/research-projects/current-projects/Greater Manchester, Greater Cambridge Partnership, Cambridgeshire County Council, Cambridgeshire and Peterborough Combined Authority, Department for Business Energy & Industrial Strategy, Department of Business and Trade, England's Economic Heartland -
IfM lecturer delivers keynote address at cluster conference
https://www.ifm.eng.cam.ac.uk/news/ifm-lecturer-delivers-keynote-address-at-cluster-conference/Structured around the resurgence of interest in clusters from policymakers, the talk also examined the role clusters can play in recovery from economic downturns, addressing global challenges, and the changing nature -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/lord-sainsbury-gives-a-talk-as-part-of-the-babbage-lecture-series/The Babbage Industrial Policy Network is a collaboration between academics from CSTI, the Faculty of Economics and the Centre of Development Studies at the University of Cambridge. ... resolved; and finally, in addition to economic growth, social justice -
Updates
https://www.ifm.eng.cam.ac.uk/research/supply-chain-ai-lab/updates/Will bots take over the supply chain? Revisiting agent-based supply chain automation, International Journal of Production Economics (by Liming). -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/new-report-explains-why-uk-manufacturing-is-underestimated-in-value/But according to the report, this is misleading. Manufacturing may in fact be significantly higher in economic contribution, and underestimating it could have serious implications for national decision-making. ... Official statistics do not provide the -
New business models for a sustainable future
https://www.ifm.eng.cam.ac.uk/research/ifm-review/issue-2/new-business-models-for-a-sustainable-future/Economic philosophers and scientists made Adam Smith’s view of ‘value’ the cornerstone of economic thought and it is this view which largely prevails in today’s business practice. ... It has three components:. Sustainable economic value which -
Globalisation revisited
https://www.ifm.eng.cam.ac.uk/news/globalisation-revisited-at-the-cambridge-international-symposium-2017/We heard from senior executives from Grundfos, GSK, LSHC DHL Supply Chains, Procter & Gamble, United Nations Conference on Trade and Development and the World Economic Forum talking about the challenges and ... to accelerate the shift to a new kind of -
Help on offer for trouble-hit manufacturers in the Eastern region
https://www.ifm.eng.cam.ac.uk/news/help-on-offer-for-trouble-hit-manufacturers-in-the-eastern-region/its Economic Challenge Innovation Fund, and Essex County Council through the Essex Development and Regeneration Agency (ExDRA). ... Manufacturers in the Eastern region are being offered free help to overhaul their business and improve their chance of -
IfM adds expertise to new initiative to improve UK productivity
https://www.ifm.eng.cam.ac.uk/news/ifm-adds-expertise-to-new-initiative-to-improve-uk-productivity/The IfM will work closely with researchers from a variety of departments, including POLIS, Psychology, and Economics. -
National and international innovation policy
https://www.ifm.eng.cam.ac.uk/research/cstip/themes/national-and-international-innovation-policy/One critical aspect within this theme is the emphasis on challenge-led RD&D entity systems, which channel research, development, and innovation efforts towards addressing specific economic, societal and environmental challenges -
Ecotile: boosting growth through innovation and efficiency
https://www.ifm.eng.cam.ac.uk/news/ecotile-boosting-growth-through-innovation-and-efficiency/The East of England ERDF programme (covering Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk) supports low carbon economic growth and has allocated approximately 95 million. -
Webinar: Changing perceptions of manufacturing | Institute for…
https://www.ifm.eng.cam.ac.uk/insights/digital-manufacturing/changing-perceptions-of-manufacturing/of the true costs (economic, social, environmental) of our choices. -
Criticality based Maintenance
https://www.ifm.eng.cam.ac.uk/research/asset-management/research-projects/criticality-based-maintenance/Networks of roads, bridges, pipelines, cables, water mains and other assets are critical to our economic, social and cultural well-being. ... modernisation. The proper management of infrastructure assets has thus become critical to providing economic -
IfM Insights
https://www.ifm.eng.cam.ac.uk/insights/digital-manufacturing/helping-smes-towards-digitalisation/It also brings together researchers in industrial information and control systems, machining and automation, asset management and maintenance, and draws on interdisciplinary expertise from computer science, economics and data analytics. -
Centre for Industrial Sustainability Webinars
https://www.ifm.eng.cam.ac.uk/insights/sustainability/centre-for-industrial-sustainability-academic-webinars/Listen to the Webinar Understanding the root causes of changeover impacts and targeting for environmental and economic gains. ... economic, environmental and social criteria. -
IfM Insights
https://www.ifm.eng.cam.ac.uk/insights/manufacturing-a-better-world/manufacturing-a-better-world/The work we do here is about finding new and better ways to do these things, to bring innovative products and services to market in order to deliver ongoing economic and -
Could the recession be the best time to start a new business?
https://www.ifm.eng.cam.ac.uk/news/could-the-recession-be-the-best-time-to-start-a-new-business-/The survivors then benefited from the economic expansion later in the decade. ... looks at the impact on the Cambridge cluster of major economic trends, such as the IT revolution and the technology crash, analysing the data in terms of industry sector, -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/the-next-production-revolution-implications-for-governments-and-business/Toggle navigation. Toggle navigation. News archive. The Next Production Revolution. The IfM has contributed to the assessment of the medium-term economic and policy implications of new and emerging production technologies ... The review highlights -
IfM Insights
https://www.ifm.eng.cam.ac.uk/insights/sustainability/sustainability-value-creation-through-industrial-symbiosis/Triggers, enablers and barriers for successful implementation of industrial symbiosis. Economic, environmental and social benefits of industrial symbiosis. -
A new form of globalisation and what it means for supply chains
https://www.ifm.eng.cam.ac.uk/news/a-new-form-of-globalisation-and-what-it-means-for-supply-chains/World Economic Forum analysis suggests that companies and governments need to think about completely different models of employment that allow people to reskill throughout their careers. ... to accelerate the shift to a new kind of manufacturing - one -
Asset Management Group - Maintenance of Complex Systems Research…
https://www.ifm.eng.cam.ac.uk/research/asset-management/research-projects/maintenance-of-complex-systems/International Journal of Production Economics, 2019. Mahani, K., Liang, Z., Jafari, M., Parlikad, A.K., “Joint optimization of operation and maintenance policies for solar-powered Microgrids,”. -
News - Centre for Industrial Sustainability
https://www.ifm.eng.cam.ac.uk/research/industrial-sustainability/news-and-features/facilitated a public live session at the recent World Economic Forum’s Annual Meeting in Davos. ... Thursday 13 August 2020. The event focused on how to apply socio-economic systems thinking to address the systematic geopolitical challenges related to -
IfM leads UK-US workshop on manufacturing and innovation policy
https://www.ifm.eng.cam.ac.uk/news/ifm-leads-uk-us-workshop-on-manufacturing-and-innovation-policy/Speakers included: Dr John Holdren, Director of the White House Office of Science and Technology Policy; Jason Miller, deputy director of National Economic Council (NEC) in the White House; Michael Molnar, -
Digital Cities for Change
https://www.ifm.eng.cam.ac.uk/research/asset-management/research-projects/digital-cities-for-change/There is huge potential for this transformation to improve people’s lives, delivering a world “where infrastructure brings economic prosperity, improves living standards and provides a better quality of life to -
Universities, spinouts and innovation
https://www.ifm.eng.cam.ac.uk/research/uci-policy-unit/projects/universities-spinouts-and-innovation/Within this context, the ability and success of universities to transfer technologies through the formation of university spinout companies (USOs) to drive socio-economic impact, and the ability of the innovation -
IfM Insights
https://www.ifm.eng.cam.ac.uk/insights/developing-people/growing-innovative-minds-blog-by-tim-minshall/In the current climate of political, social, economic and technological change, it can seem like we are facing an overwhelming need to grapple with a series of upheavals. -
Infrastructure Digital Twins
https://www.ifm.eng.cam.ac.uk/research/asset-management/research-projects/infrastructure-digital-twins/Provide the foundation for integrating city-scale data to optimise city services such as power, waste, transport and understand the impact on wider social and economic outcomes. -
Milbank Concrete Products: cementing its growth through innovation
https://www.ifm.eng.cam.ac.uk/news/milbank-concrete-products-cementing-its-growth-through-innovation/The East of England ERDF programme (covering Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk) supports low carbon economic growth and has allocated approximately 95 million. -
Adoption of quantum technologies and business model innovation -…
https://www.ifm.eng.cam.ac.uk/insights/business-model-innovation/quantum-technologies-and-business-model-innovation-report/The hypothesis is that we need to innovate business models to achieve productivity and economic growth. ... Hence, preparing UK firms and the economy early for the adoption of quantum technologies would be crucial in enabling such economic growth. -
Business Model Innovation Research Programme
https://www.ifm.eng.cam.ac.uk/research/business-model-innovation/business-model-innovation-research-programme/Iyer, S. and C. Velu. (2006) Real Options and Demographic Decisions, Journal of Development Economics, 80, 39-58. ... How to introduce quantum computers without slowing economic growth, Nature, 619 (7970), 461-464. -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/ifm-joins-collaborative-project-to-strengthen-the-internet-of-things/Effective implementation of IoT is critical to industrial, societal and economic development in the UK. -
Active Market based industrial data management
https://www.ifm.eng.cam.ac.uk/research/dial/phd-projects/active-market-based-industrial-data-management/Torben tries to address this problem by using market-based techniques, which use the principle of markets in economics. -
IfM Insights
https://www.ifm.eng.cam.ac.uk/insights/innovation-and-ip-management/additive-manufacturing-innovations-by-uk-organisations/The study analysed the organisations in terms of 13 economic sectors, 14 AM categories (these define AM technology or other AM activity as described in the patents and papers) and three ... From our analysis of the geographical spread of organisations -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/policy-links-report-launched-at-global-united-nations-conference-on-manufacturing/growth: “The boundaries of manufacturing as an economic activity are increasingly blurry and advanced manufacturing is, in fact, inherently multidisciplinary. ... Software and services are being integrated into products, but embedded software and the -
IfM News and Features
https://www.ifm.eng.cam.ac.uk/news/ideaspace-announces-seven-programmes-to-support-innovation-and-enterprise/The ideaSpace Enterprise Accelerator (iEA) is a four year, East of England Development Agency enabled programme, which aims to help economic, strategic and social value to be generated across the Eastern -
University Approaches to Spinout Equity
https://www.ifm.eng.cam.ac.uk/research/uci-policy-unit/projects/university-approaches-to-spinout-equity/more, high potential spinouts to unlock new sources of economic wealth and industrial competitiveness. ... Project background and motivations. University spinouts have an important role to play in helping to drive innovation-led economic growth, not
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