While rightly there is much focus around broadband, big data, innovation and artificial intelligence in the UK industrial strategy, an equally important strand is regionalism via clusters.
As the UK considers life after BREXIT, regional authorities need to decide how to create and maintain their own economies. This requires interest groups to make choices around what the region should be famous for. Back in the first industrial revolution you need lacemakers of Nottingham, steel from Sheffield, cobblers of Northampton and engineering from Manchester.
Post industrial reputations need creating whether it be silicon valleys/corridors, data centres, advanced engineering, aerospace fibre technology, electric cars technology, robotics or biotechnology or health innovation.
Regional development authorities and LEPs need to join forces with universities and create marketing plans to attract talent in whichever sector or hubs they want to be famous for. Every region can’t chase the same dream so central government needs to create a national strategy for each industrial sector so that regional expertise can thrive in a global marketplace without internal UK competition.
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