Ungated Post | 23 Aug 2017

Absorptive Capacity in Intelligence Mobility

The Transport Systems Catapult identified seven priority market segments for the Intelligent Mobility (IM) market in the years ahead. They were i) intermodal smart-ticketing, ii) security, resilience and cyber security, iii) Internet of Things asset management (road), iv) monitoring and management systems for road infrastructure, v) data management and analysis, vi) data collection and communication platforms, and vii) autonomous vehicles.

In this study, Oxford Economics undertook a feasibility assessment to help understand if the UK’s absorptive capacity for these technologies could be measured in different IM market segments. This means the ability of companies to turn innovation activities into commercial gains. The tentative results indicate that it would be in the interest of firms to invest more in R&D, hire more specialists, invest in improving their knowledge absorption capabilities and partner with other firms.

Read the full report.

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Post

From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Sweden

This study assesses YouTube's contribution to GDP and employment in Sweden, and its broader impact on society and culture.

Find Out More

Post

Från möjlighet till påverkan – Utvärdering av de ekonomiska, sociala och kulturella fördelarna med YouTube i Sverige

Denna studie utvärderar YouTubes påverkan på Sveriges BNP och sysselsättningsgrad samt samhället och kulturen.

Find Out More
Motorbike in Sunset

Post

The economic importance of motorcycles to Europe – technical report

Motorcycle-related activity supports €21.4 billion of output (GDP) across Europe a year, sustains 389,000 jobs, and generates €16.6 billion of tax revenues, according to research by Oxford Economics.

Find Out More