Skip to main content

Guardian:
How successful was Britain?s plan for its own Silicon Valley?

20 October 2019

Every city wants a cluster, a concentration of high-productivity firms and workers beavering away in a particular industry in a particular place. Proximity means ideas and productivity growing and spreading. Who doesn't want their own Silicon Valley?
David Cameron certainly did. In November 2010, he announced the "Tech City" programme, aiming to grow a digital cluster in Shoreditch, east London. The plan was to use branding to get firms in, networking to ensure those ideas get flowing with focused support for high-potential firms.
But did it work? Surprisingly, we're only now getting the first detailed answer, courtesy of Dr Max Nathan, an academic leading great work on what policy does (and doesn't) do to drive local economic growth.

Read more... Guardian