How best to define, measure and monitor relevant economic developments and performance in geographical clusters of IS-8 sectors and frontier industries?
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 enhancing a region's ability to identify and exploit technological innovations for competitiveness and sustainability, aligning with the question's emphasis on defining, measuring, and monitoring economic developments in geographical clusters.
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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?
The project investigates the potential of advanced manufacturing for sectoral and spatial rebalancing, addressing the question's focus on measuring and monitoring economic developments in geographical clusters of IS-8 sectors and frontier industries.
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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?
While the project focuses on drivers of local prosperity differences, it partially addresses the question by examining factors behind spatial economic imbalances and productivity gaps across regions in the UK.