How can industrial policy address barriers to business dynamism in London, including high costs, skills shortages and spatial constraints, while sustaining its role as a global innovation hub?
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?
Addresses barriers to business dynamism in London and focuses on technology foresight and innovation in manufacturing regions.
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Manufacturing renaissance in industrial regions? Investigating the potential of advanced manufacturing for sectoral and spatial rebalancing.
The recession from 2008, and the persistent sectoral and spatial imbalances in the recovery, have provoked political calls to 'rebalance' the economy. According to Government representatives, Britain needs to 'reindustri...
Funded by: ESRC
Lead research organisation: University of Southampton
Why might this be relevant?
Investigates the potential of advanced manufacturing for sectoral and spatial rebalancing in industrial regions.
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JPI Urban Europe ENSUF Cities of Making: Resources for activating new urban industry through technology, spatial design and transition governance.
Cities of Making explores opportunities for strengthening urban based manufacturing in European cities following years of decline and offshoring. Using a combination of strategic and action research, our ambition is to...
Funded by: ESRC
Lead research organisation: UNIVERSITY COLLEGE LONDON
Why might this be relevant?
Explores opportunities for strengthening urban based manufacturing in European cities, which could provide insights applicable to London.