How can government investment in R&D be delivered to build upon local strengths and maximise local spillovers? What complementary policies need to be in place for this to happen?
Background
The Industrial Strategy is deliberately place-based, recognising that stronger regional growth is critical for the competitiveness of the IS-8 and the resilience of the national economy. The interventions of the Industrial Strategy aim to support growth in the city regions and clusters with the highest potential to support the IS-8 across the UK.
Next steps
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Research fields
Related UKRI funded projects
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Regional Technology Foresight
Over the last decades manufacturing in UK regions has been exposed to intense global competition, particularly as a consequence of trade liberalisation. At the same time, there is an increasing recognition that regions p...
Funded by: ESRC
Lead research organisation: University of Sheffield
Why might this be relevant?
The project focuses on regional technology foresight and the enhancement of a region's ability to identify and exploit knowledge of technological innovations, aligning with the question's emphasis on government investment in R&D to build upon local strengths.
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Unlocking Innovative Potential: Experimentation Fund
Innovation offers huge potential to improve health, better connect people, and make our societies more productive and sustainable. At the same time, it can also fuel inequality. The UK has incredible, diverse talent acro...
Funded by: ESRC
Lead research organisation: NESTA
Why might this be relevant?
The project addresses the need to reduce barriers holding back the potential of people and businesses across the country in R&D, which is a complementary policy aspect mentioned in the question.
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West Midlands Innovation Programme phase 2
The West Midlands Innovation Programme phase 2 (WMIP 2.0) addresses the **Capability and Capacity** strand of the West Midlands Innovation Accelerator**,** supporting cross-sector, demand-led innovation and enhancing the...
Funded by: Innovate UK
Lead research organisation: WEST MIDLANDS COMBINED AUTHORITY
Why might this be relevant?
The project focuses on enhancing the connectedness and operation of the region's innovation ecosystem, which aligns with the question's emphasis on maximizing local spillovers through government investment in R&D.