How best to classify and identify different places for effective targeting of industrial policy and how best to measure current and potential local comparative advantages?
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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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?
Addresses the development of the Industrial Strategy and the use of evidence in local areas for policy design.
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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?
Focuses on technology foresight and innovation capabilities in industrial regions, relevant to identifying comparative advantages.
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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, addressing the question of identifying different places for effective targeting of industrial policy.