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UK industrial strategy: the real question about industrial policy is not whether it should be practised, but how

So yet again a UK parliamentary select committee is asking "do we need an industrial strategy?". They have asked this many times before and the answer has tended to be 'yes'. Reflecting the research and views of Harvard economics professor and expert on international development Dani Rodrik - the real question about industrial policy is not whether it should be practised, but how. The … [Click for more...]

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International case study: NYC Metro Area

NYC Metro Area: a leading tech region that is embracing devolved solutions to economic development In the fifth international case study for the London-Stansted-Cambridge-Corridor-Growth-Commission, we have looked at the New York City Metropolitan Area in the USA. Through these case studies we hope to learn what might drive further growth and prosperity in the London-Stansted-Cambridge … [Click for more...]

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Devo-maxed out? keep the faith, but be pragmatic

Devo-maxed out? keep the faith, but be pragmatic. Its going to be a long-term iterative process, not a holy grail or big bang I'm all for more powers for cities, regions and localities, but sometimes I get tired of reading the tea leaves and sifting the oracles for the next big thing! I just want to see the proposals, see the delivery framework sand models, and see the £££s! All too often local … [Click for more...]

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International Case Study: Boston – Route 128

As part of a series of international case studies for the London-Stansted-Cambridge Corridor Growth Commission, that we have been working on, we have looked at some of the lessons from Boston - Route 128. Through these case studies we hope to learn what might drive further growth and prosperity in the London-Stansted-Cambridge Corridor and understand what kinds of priorities and actions might … [Click for more...]

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International Case Study: lessons from San Francisco – Silicon Valley

The second International Case Study report for the London-Stansted-Cambridge-Corridor-Growth-Commission is the renowned San Francisco - Silicon Valley area. It would be impossible to replicate the success of San Francisco - Silicon Valley, but there are definitely lessons to draw in terms of the conditions for success, and regional provision of infrastructure, skills and housing. SAN FRANCISCO … [Click for more...]

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International Case Study: learning from Greater Copenhagen and Skane (the Oresund)

The second International Case Study report for the London-Stansted-Cambridge-Corridor-Growth-Commission is the “Oresund” area of Denmark and Sweden, which has experienced collaboration and integration across two countries facilitated by a fixed link bridge across the Oresund Strait, and by Kastrup International Airport in Copenhagen. Through these case studies we hope to learn what might drive … [Click for more...]

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What we have learned from: North Carolina – The Triangle (USA)

I recently published the first International Case Study report for the London-Stansted-Cambridge-Corridor-Growth-Commission. This case study is on the Globally renowned “Triangle” area of North Carolina, which has experienced a collaboration between three universities, businesses and multiple local government jurisdictions to create one of the most competitive and dynamic R&D and technology … [Click for more...]

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Delivering local economic development in an era of budget scarcity

The UK's Chancellor of the Exchequer (Secretary to the Treasury), George Osborne, yesterday released his Autumn pre-budget statement - setting out his intentions when he sets the UK government's programme for tax and spend from April 2016. Of course, there were budget reductions, particularly for central government business programmes and local government (whom will be expected to generate their … [Click for more...]