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The Regional Economic Strategy for the East of England Contents A SHARED VISIONThe regional economic strategy for the East of England Contents Foreword by Richard Ellis, chair of the East of England Development Agency 3 Foreword by Sue Sida-Lockett, chair of the East of England Regional Assembly 4 Introduction 5 PART ONE: CONTEXT AND VISION 6 The scope of the regional economic strategy 7 Drivers in the East of England 8 Vision for the East of England 9 Sustainable development and the integrated regional strategy 12 PART TWO: STRATEGIC GOALS 13 Summary of the goals 15 Goal one: A skills base that can support a world-class economy 24 Goal two: Growing competitiveness, productivity and entrepreneurship 32 Goal three: Global leadership in developing and realising innovation in science, technology and research 41 Goal four: High quality places to live, work and visit 48 Goal five: Social exclusion and broad participation in the regional economy 56 Goal six: Making the most from the development of international gateways and national and regional transport corridors 63 Goal seven: A leading information society 71 Goal eight: An exemplar for the efficient use of resources 78 PART THREE: LOOKING INSIDE AND LOOKING OUTSIDE 86 The East of England’s sub-regions 87 Equality and diversity 102 Sectors and clusters 104 Playing a wider role 107 PART FOUR: DELIVERY 110 Regional strategies 111 Delivery partnerships 115 Monitoring regional performance 117 APPENDICES 123 Appendix I: The review process 124 Appendix II: The regional economic strategy and other regional strategies 125 Appendix III: Underpinning research reports 126 Appendix IV: Glossary 127 Appendix V: Key terms 128 Appendix VI: Organisations that contributed to the development of the regional economic strategy 130 Foreword A shared vision: the new regional economic strategy for the East of England is complete for us all to take forward and implement. The extensive consultation process, key to the successful development of the strategy, has been a valuable opportunity to review, with partners, the direction which our region is taking. Both David Marlow, chief executive of the East of England Development Agency (EEDA), and I have been impressed by the broad consensus and ownership which all groups have shown as the future of the region has been discussed. We see a region growing up - increasingly confident about its image, strengths and direction. The significant guidance and support which our partner organisations have offered while this strategy has been compiled has been hugely beneficial. We are very grateful to all who have participated. I would especially like to pay tribute to the staff at EEDA for their tremendous hard work, diligence and commitment in producing this strategy. However, now is not the time to sit back, relax and congratulate ourselves on a job well done. Despite the East of England being rightly known as the ideas region, where innovation and enterprise have achieved much, we are far from realising our potential. There are still many challenges to be addressed and this is why the new regional economic strategy is so important. As the world economy changes so the region and its businesses must continually innovate, adapt and evolve. Above all, we owe a duty to future generations to ensure our growth is not at the expense of their opportunities. So now is where the hard work really begins. Achieving the economic potential of our region does not rest solely with EEDA. We will do our part – as a catalyst and facilitator, bringing the relevant players together - but the responsibility for implementation of the strategy also rests on the shoulders of businesses, organisations and community groups in the East of England. The strategy and the future of our region belongs to us all. Richard Ellis, chair, EEDA November 2004 Foreword A shared vision: the regional economic strategy for the East of England represents a major step forward for our region. The East of England can sustain and enhance its position as a leading UK, and indeed global, region if we work together positively and cohesively. The new regional economic strategy is an important statement for the region and our successful record of partnership working, sitting alongside a suite of emerging core strategies and a new integrated regional strategy. Together these new strategies will give an up-to-date and coherent regional script to assist our regional and local partners in delivering against the priorities of the new regional economic strategy. The East of England Regional Assembly (EERA) has been pleased to work with EEDA and its partners on the formulation of the regional economic strategy over an extended period – as a member of the strategy committee, participant in the formulation workshops and events, and as consultee and scrutineer. The statement of synergy between the regional economic strategy and the emerging regional spatial strategy on page 113 is a significant regional milestone. It demonstrates the overwhelming alignment of the two strategies and highlights the few areas of divergence, which were restated in the EERA resolution endorsing the strategy*. I am pleased to welcome this third regional economic strategy, and look forward to working with EEDA and other partners as we all progress the delivery of sustainable economic development across the whole region. Sue Sida-Lockett, chair, EERA November 2004 *The resolution can be viewed in full at: http://www.eera.gov.uk/Documents/Meetings%20and%20Events/Assembly%20and%20Panels/Regional%20Assembly/05-11- 04/RES%20Resolution.doc 5 Introduction A shared vision: the regional economic strategy for the East of England represents the latest revision of the regional economic strategy for the region, which was originally produced in 1999 and revised in 2001. This document takes into account, policy initiatives, data and research that post-date the production of the 2001 strategy. The regional economic strategy is This document is organised in the Equality and diversity, sustainable informed by an extensive consultation following way: development principles and specific process with regional and national issues related to the region’s rural areas partners, involving scenario planning Part one: context and vision sets the have been reviewed and integrated into workshops, two written consultation scene with a brief description of the the goals in this strategy. The strategy stages and a host of meetings and region. It explains the scope of the has been subject to a formal presentations across the region. Details regional economic strategy and its sustainability appraisal and rural proofing of this process are set out in appendix I. relation to other regional strategies. A process. Consultants involved in the A list of all of the organisations that have vision is then set out for the region which appraisal have worked on an ongoing contributed to the development of this forms the basis of the strategic goals. basis to inform the development of this strategy is contained in appendix VI. strategy and written reports have been Part two: strategic goals describes the prepared at key stages of the process. This is a regional strategy. It is not about eight strategic goals and related More details are available in appendix I. what any single organisation will do. The priorities and actions. strategy can only be delivered by a range Equality and diversity has been central to of organisations working in partnership. Part three: looking inside and looking the development of this strategy, and the It is essential that organisations across outside covers the distinctive issues Community and Voluntary Forum for the the region work together to deliver the affecting the region’s sub-regions, Eastern Region (COVER) and MENTER, goals and priorities set out in this particular communities and key sectors the Black / Minority Ethnic Network for document. and clusters. It also considers the role of the Eastern Region have contributed to the region in the national and reviewing the document from this international economy. perspective. This will continue to be a key consideration for the implementation of Part four: delivery focuses on how the the strategy’s priorities and actions. Part strategy will be delivered at a regional three contains further information on and sub-regional level, and how regional equality and diversity. performance will be monitored. Part one Context and vision CONTEXT AND VISION 7 The scope of the regional economic strategy The purpose of the regional economic Similarly, it is essential that other The evidence base organisations, use their own business strategy Since the publication of the last regional and corporate planning processes to The regional economic strategy sets the economic strategy, ‘East of England 2010: identify the actions they will undertake in long-term vision for the sustainable prosperity and opportunity for all’, a wide relation to the goals and priorities set out economic development of the East of range of research has been undertaken in this strategy. England. This strategy should be providing further and more detailed considered alongside the regional spatial information about the East of England. The regional economic strategy and strategy for the East of England which This work, along with other information, other regional strategies covers the period up to 2021. The has formed a strong evidence base for regional economic strategy is formally The regional economic strategy is one of this revised strategy. Many of the studies reviewed every three years but it is also a a suite of regional
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