Universities’ Role in Helping Regions Transition From Legacy Industries Into New Areas

In a series of blogs, Simon Collinson, Fumi Kitagawa and Tomas Ulrichsen examine the role of universities in regional development. The blogs are co-authored by the Policy Evidence Unit for University Commercialisation and Innovation (UCI) at the University of Cambridge Institute for Manufacturing (IfM) and the West Midlands Regional Economic Development Institute (WMREDI at City-REDI), … Continue reading “Universities’ Role in Helping Regions Transition From Legacy Industries Into New Areas”

International Evidence on Levelling Up

A new report co-authored by the Industrial Strategy Council (ISC) and City-REDI researcher, Abigail Taylor, was published recently examining international evidence on what it takes to “level up” places. Watch clips from the event and view more work from this project.  The report analyses experiences in four international case study areas (Estonia, San Antonio, Greater … Continue reading “International Evidence on Levelling Up”

The Birmingham and Solihull LEP Area – A Profile

Dr Abigail Taylor provides an economic snapshot of the Birmingham and Solihull LEP area following the five foundations of the Industrial Strategy: Ideas, People, Infrastructure, Business Environment and Place. As part of the Midlands Engine Economic Observatory work, WM REDI and the Black Country Consortium Economic Intelligence Unit developed Local Economic Partnership (LEP) level profiles. … Continue reading “The Birmingham and Solihull LEP Area – A Profile”

WM REDI Has Partnered With the Industrial Strategy Council to Conduct Research on How Devolution Can Best Support the Levelling-up Agenda

In this blog, Ben Brittain and Dr Abigail Taylor discuss a new WM REDI project with the Industrial Strategy Council investigating governance and institutional arrangements, focusing particularly on the relationship between governance structures, policy levers and inclusive growth outcomes.  Local regions have been hard hit by the economic fallout of this pandemic. The extent of … Continue reading “WM REDI Has Partnered With the Industrial Strategy Council to Conduct Research on How Devolution Can Best Support the Levelling-up Agenda”

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”

Autumn Budget 2018: Good news for Economic Growth in the West Midlands?

Since the announcement of the Autumn Budget by Philip Hammond on Monday there has been a raft of analysis at the national level regarding what the budget means. In particular, attention has focused on Hammond’s claim that the era of austerity is “finally coming to an end”, the introduction of a £1,000 increase in Universal … Continue reading “Autumn Budget 2018: Good news for Economic Growth in the West Midlands?”

Professor Simon Collinson interviewed on Radio 4 regarding the Industrial Strategy

Professor Simon Collinson was interviewed this morning (27/11/17), on Radio 4’s Today Show. The interview was part of a panel commentary on the Industrial Strategy, which was published by the government today. Professor Collinson submitted a series of key points on the Industrial Strategy to the show, some of which was covered briefly in the interview: … Continue reading “Professor Simon Collinson interviewed on Radio 4 regarding the Industrial Strategy”

The significance of a place-based industrial strategy for the West Midlands

A place-based approach to industrial strategy frames the first report published by the Industrial Strategy Commission, an independent body established by the Sheffield Political Economy Research Institute (SPERI) and Policy@Manchester. Place is central in two ways. First, it is identified as one of seven ‘foundational’ themes that the industrial strategy must be built on. Second … Continue reading “The significance of a place-based industrial strategy for the West Midlands”

Post-Brexit? What defines an outstanding Modern Industrial Strategy for a Great Global Trading Nation?

Here, City-REDI’s Prof. John Bryson gives his views on what a modern industrial strategy should look like post-Brexit. “An effective industrial strategy should be a long-term strategy that works over decades rather than years. It should evolve slowly building on a strong supportive foundation and should be evaluated over decades rather than election cycles.” Last week, Theresa … Continue reading “Post-Brexit? What defines an outstanding Modern Industrial Strategy for a Great Global Trading Nation?”