How can local growth plans overcome coordination failures and maximise the positive spillovers from private and public investment in transport infrastructure and local R&D spending?
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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UK Regions Digital Research Facility (UK RDRF)
The UK RDRF brings together a number of research strands funded under the DET, EPSRC and ESRC portfolios over the last decade to create a national facility to tackle the vexed question of regional competitiveness and reb...
Funded by: EPSRC
Lead research organisation: UNIVERSITY COLLEGE LONDON
Why might this be relevant?
Partially addresses the question by focusing on regional competitiveness and policy support.
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What Works Centre for Local Economic Growth: Supporting the Industrial Strategy
The What Works Centre for Local Economic Growth will undertake work to help the development of the Industrial Strategy. This will include additional review work to produce 'toolkits' that summarise the available impact e...
Funded by: ESRC
Lead research organisation: London School of Economics and Political Science
Why might this be relevant?
Partially addresses the question by supporting the development of the Industrial Strategy.
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Drivers of Local Prosperity Differences: People, Firms and Places
This project aims to learn more about what drives the large and persistent productivity differences across regions in the UK. Despite their importance, the factors behind these spatial economic imbalances are still poorl...
Funded by: ESRC
Lead research organisation: Aston University
Why might this be relevant?
Fully addresses the question by focusing on drivers of regional productivity differences.