The idea of fostering local industrial clusters as a driver for economic development is appealing, but the reality on the ground presents some significant hurdles. In today's interconnected world, truly self-contained local or regional clusters are increasingly rare....
If you recall in article 1 we introduced the idea of thinking about industries as ‘systems.’ This now leads us to consider industrial clusters. Some regions punch above their weight economically because they have highly developed industrial clusters – those...
Deindustrialisation is a powerful force that continues to mould the economic landscape of our towns and regions across the UK. The decline of the UK’s manufacturing and heavy industries has left an indelible mark, its impact varying fiercely depending on a region's...