Industrial Strategy: Four Rationales

Industrial policy: why bother? There is a very large and diverse literature on industrial policy. The subject is covered by lots of different kinds of academics, with different language and approaches. For instance, the field covers endogenous growth theory [1] ; Schumpeterian models of entrepreneurship / innovation / creative destruction [2]; industrial economics [3]; science … Continue reading “Industrial Strategy: Four Rationales”

A Local Industrial Strategy for the West Midlands

This blog post has been produced to provide insight into the findings of the Birmingham Economic Review. The Birmingham Economic Review 2018 is produced by City-REDI, University of Birmingham and the Greater Birmingham Chambers of Commerce, with contributions from the West Midlands Growth Company. It is an in-depth exploration of the economy of England’s second … Continue reading “A Local Industrial Strategy for the West Midlands”

Incubators, accelerators and local economic development

Dr Max Nathan writes about how incubators and accelerators, both widely used forms of business support in the tech sector, can be applied to a range of other industries. This blog originally appeared on the LSE CEP Urban and Spatial Programme Blog, found here I’ve written a new CEP Discussion Paper on co-working, incubators, accelerators … Continue reading “Incubators, accelerators and local economic development”

Channel 4’s HQ2: Where and Why?

Channel 4 is moving 300 staff out of London, with most going to a major British city.* The HQ2 shortlist has just been announced, and seven city-regions are on it: Bristol, Cardiff, Glasgow, Leeds, Liverpool, Greater Manchester and the West Midlands. The winner will be announced on 1 October. So, who should win? And what effects could the move have on … Continue reading “Channel 4’s HQ2: Where and Why?”

Urban incubators, innovation and inequality

This article, by Dr Max Nathan, was first featured on Medium: The growth of shared, flexible urban workspaces for startups and SMEs is now a striking and very visible feature of British cities. Over the past decade or so, startups and small firms in retail, manufacturing, arts, the cultural industries and the digital economy have been … Continue reading “Urban incubators, innovation and inequality”

Shedding new light on innovation policy

The following piece was written by City-REDI’s Max Nathan, for the What Works Centre. Industrial strategy is one of the big issues for the What Works Centre and its local partners and innovation is one of the main themes of industrial strategies in the UK, and around the world. Public policy plays a number of important … Continue reading “Shedding new light on innovation policy”

YouGov called the election right. How?

  This General Election has been full of surprises. So I’ve been digging into the YouGov MRP voting model, pretty much the only one that got the 2017 Election result correct. Given all the current humble pie and book eating by pundits who didn’t spot the result coming, this seems worth doing. I also think … Continue reading “YouGov called the election right. How?”

A modern industrial strategy – can it work?

A modern industrial strategy – can it work? The following piece was written by Professor Henry Overman, London School of Economics, and City-REDI’s Max Nathan. Much has already been written on the Government’s Industrial Strategy Green Paper. This post isn’t intended to provide an overall assessment or spell out our individual views on the approach being … Continue reading “A modern industrial strategy – can it work?”

Research into ethnic diversity, firm performance and cities

A growing literature examines how ethnic diversity influences economic outcomes in cities and inside firms. However, firm–city interactions remain more or less unexplored. A recent paper published by City REDI’s Max Nathan provides new insights into the links between ethnic diversity and firm performance within different urban environments. The paper – published in Environment and Planning … Continue reading “Research into ethnic diversity, firm performance and cities”

Evidence in a post-experts world

Max Nathan is a City-REDI affiliate, and a Senior Birmingham Fellow in Regional Economic Development, based in the Business School. He is also a Deputy Director of the What Works Centre for Local Economic Growth. Here he discusses what the What Works Centre has learnt so far in the three years they’ve been running. Two weeks ago … Continue reading “Evidence in a post-experts world”