DOCSLIB.ORG

Unitycampus Visionbrochure.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Unitycampus Visionbrochure.Pdf Welcome to Unity Campus, South Cambridge. Unity Campus is a new 260,000 sq ft The campus is designed with the requirements, (24,155 sq m), high-specifi cation business aspirations, success and quality of life of its park designed to complement and occupiers in mind. Sitting in the heart of the support the South Cambridge Cluster. South Cambridge Cluster and close to some of the world’s most prestigious institutions, This is business space to meet the Unity Campus off ers the opportunity to work demands of the UK’s brightest business alongside some of the most exciting and talent and innovators. dynamic organisations in the world. Unity Campus is being developed as a With immediate proximity to excellent public new concept in business space. It seeks to transport links, community activities in nearby connect people, businesses, ideas and places Sawston, cycle networks into central Cambridge through intelligent master planning, strategic and some of the regions most aff ordable building design and through the provision of housing, Unity Campus off ers the perfect common amenity and shared public realm. base to connect the brightest business brains. WhereEverythingConnects. The result is a masterplan Unity Campus, which brings together the South Cambridge is offi ce and laboratories on Iconix Park with new, the result of a holistic high quality business/R&D accommodation on the master planning adjacent land and estates exercise encompassing With a new vehicular access from the A1301 Howard Group’s Sawston bypass and a large, decked car-park the masterplan allows for a predominantly car-free “campus” style environment. Buildings Sawston assets of up to 200,000 sq ft (18,580 sq m) can be accommodated within the site which also enjoys access from the London Road for smaller vehicles, pedestrians and cyclists. An outline masterplan has been secured with pre-let buildings available from 10,000 sq ft (9,290 sq m) up to 200,000 sq ft (18,580 sq m), within an inspiring and unique campus style environment. Designed with fl exibility in mind, we are ready to meet the bespoke requirements of occupiers. Sawston Village C London Road D A2 A11 Central Square E Iconix 3 Car park A1 Iconix 2 B Iconix 1 Cambridge A1301 — New entrance Whittlesford Railway Station M11/A505 Cambridge, one of the pre-eminent small cities in the world Having established itself as a leading research Over 46% of the city’s workforce has a higher and development centre, Cambridge has education qualifi cation and GVA per capita attracted a number of major international is 34% higher than the national average. occupiers, seeking to take advantage of the Cambridge has the highest level of internal city’s skilled workforce. and international migration per capita in the country, highlighting its draw as an ‘Silicon Fen’, stretching across a 20 mile radius international centre for ideas and collaboration. of the city, is home to over 1,500 technology and research companies, and thanks to its Cambridge has also been at the forefront of strong links to the University, has succeeded population growth, with a 12.7% increase in in cementing the city’s status as a world residents between 2001 and 2011 — the fi fth class research destination. International highest increase in the UK. occupiers include Amazon, Apple, ARM, Since the 1960s, the rapid growth of this cluster, Microsoft and AstraZeneca. alongside that of the University has been Cambridge has a world-class reputation. referred to as “The Cambridge Phenomenon”. The city is renowned for its history, science Over the years Cambridge University has and innovation, education, research and established some of the fi nest research facilities knowledge-based industries. The high value in the world, with Cambridge alumni being Cambridge Cluster is crucial to the UK’s awarded 98 Nobel prizes, more than any other economy and its international competitiveness. institution in the world. Cambridge is one of the few UK cities making a net contribution to the UK Treasury. Cambridge demographics and economic information 30% 59,000 vs in 20 miles 7.4% £30bn KI growth since 2011 12% in generated revenue Cambridge is home to Europe’s C.59,000 people are employed by These KI fi rms have grown The proportion of employees engaged Over 21,000 Cambridge- largest technology cluster. more than 4,300 Knowledge-Intensive employment by 7.4% per in KI activities is exceptional at 30%, registered companies generate (KI) fi rms within 20 miles of Cambridge. annum since 2011. compared with a 12% national average. £30bn in revenue. UK 1 1/4 2 $15bn C 3 over 15 companies* 9x 17% Fifteen Cambridge companies Unemployment is a quarter of the Cambridge has nearly 9 times Cambridge’s heritage has made it an Cambridge has the fi fth fastest have achieved a market national average and the city has the the average number of UK international tourist destination, generating growing population in the UK. capitalisation of more than $1bn. third-highest employment growth patents per capita. signifi cant revenues for the local economy (15.7% between 2004–2013). and around 17% of local employment. 25% 56,000 UK/USA over 20 years people in c.£13bn 1,540 companies Cambridge Cluster revenue 29% 32% The total population of c.136,000 The Cambridge Cluster comprises The Cambridge Cluster A large proportion of the Cambridge The average annual salary is expected to increase by 1,540 innovative companies, generates a yearly revenue workforce commute by bike, 29% in Cambridge is 32% lower 25% over the next 20 years. employing over 56,000 people. of around £13bn. compared to a UK average of 2%. than in Chicago. *Abcam, ARM, HP Autonomy, AVEVA, blinkx, CAT, Chiroscience, CSR, Domino Printing Sciences, Ionica, Marshall of Cambridge, Prometic, Solexa, Virata, Xaar. 1st Consistently Top 5 in the No.1 in the complete world University rankings. University guide UK 2017. The University of Cambridge is one of the oldest in the world and has a longstanding record of producing some of the world’s most educated and innovative minds. It acts 98 as a major international attraction for global businesses A fi fth of Cambridge’s total Since 1904, 98 Cambridge seeking to take advantage of the highly skilled workforce. population are students. University affi liates have been One example of this is the growing strength of Cambridge awarded the Nobel Prize. in the area of Life Sciences, which has recently been emphasised by AstraZeneca’s decision to move its headquarters to the south of the city. Based on the symbiotic relationship between a world leading University and one of Europe’s top technology clusters, Cambridge has developed an outstanding record of business success and collaboration between the 90% University and commercial occupiers in the city. 90% for student satisfaction. Home to Addenbrooke’s hospital, University people and ideas are at the heart of many of (National student survey UK 2016) since 1766. The leading hospital the companies in the cluster, whether the company is in the Midlands and East Anglia. based around University research (spin-out), or founded by a member of the University (startup). Unity Campus is perfectly placed to take full advantage of this unique and invaluable co-operation and collaboration between academic and commercial enterprise. 46% 80% after 3 years Over 46% of the workforce have a higher education 80% of its start-ups are still in qualifi cation, higher than the business after three years. national average of 26%. South Cambridge has Surrounded by world-class occupiers, Connecting world you will be in good company. class businesses developed into one of the world’s most exciting centres for knowledge based industries This thriving entrepreneurial environment The city’s diverse economy has made it is attracting international businesses to one of the fastest growing within the UK. invest in the area. UK Powerhouse are currently forecasting More than 25 of the world’s largest that Cambridge will also have the fastest corporations have established operations growing economy over the next 10 years, in Cambridge, including Amazon, Apple, with companies growing at over 7% p.a. HP, Illumina, Microsoft (Research), Sanofi , Siemens and Qualcomm. AstraZeneca Horizon Discovery Group Huawei Sepura Jagex StemCell Technologies Napp Roku Xaar GW Pharmaceuticals IPV Within Cambridge city centre Paion AccentBio Biopharmalogic Brightstar Partners Cambridge Cell Networks West Cambridge Ithaka Life Sciences Development Samsung Base4 Innovation Cambridge Capital Group BBC Techno Park Cambridge Enterprise EY Cambridge Innovation Capital HP Autonomy Bespak Innovation Centre Featurespace Grifols Cytocell Technologies Kherion Technology Mathworks Nokia Qualcomm Redgate Software CAMBRIDGE Cambridge CITY CENTRE Airport Cambridge Peterhouse Abcam Technology Park AstraZeneca Cambridge University Hospitals NHS Foundation Trust MRC Human Nutrition Research ARM GlaxoSmithKline Clinical Unit ARM Bluegnome MRC Laboratory of Molecular Biology Dow Chemical NHS Blood and Transplant IBM University of Cambridge School of Clinical Medicine GREAT SHELFORD Shelford Abzena Bicycle Therapeutics Cancer Research Technology SAWSTON DefiniGEN F-Star Kymab Harston Mill Innova Biosciences Acacia Pharma Instem Scientific Oakland Innovation Sagentia Gilead Sciences International Sphere Medical Illumina One Nucleus Pfizer Vernalis Whittlesford MELBOURN Parkway Meldreth AQDot Telensa Iontas Biocair Cambridge Healthcare and Biotech CellCentric Illumina Isomerase Therapeutics Aegate Oxford Nanopore AstraZeneca Avita Medical Europe Ionscope The Technology Partnership (TTP) Congenica European Bioinformatics Institute Wellcome Trust Sanger Institute Where the sharpest shine and share Unity Campus has been master planned by renowned Nicholas Hare Architects and seeks to create an environment for businesses seeking more than a standard science park address. It is intentional about creating a predominantly car-free internal environment where staff can relax and enjoy the semi-rural setting, whilst off ering modern and inspiring architecture which will encourage creativity, collaboration and excellence.
Load more

Recommended publications
  • The David Attenborough Building Pembroke St, Cambridge CB2 3QY
    Venue The David Attenborough Building Pembroke St, Cambridge CB2 3QY http://www.conservation.cam.ac.uk/ Cambridge Cambridge is a university city and the county town of Cambridgeshire, England, on the River Cam about 50 miles (80 km) north of London. At the United Kingdom Census 2011, its population was 123,867, including 24,488 students. There is archaeological evidence of settlement in the area in the Bronze Age and in Roman Britain; under Viking rule, Cambridge became an important trading centre. The first town charters were granted in the 12th century, although city status was not conferred until 1951. Cambridge is the home of the University of Cambridge, founded in 1209 and one of the top five universities in the world. The university includes the Cavendish Laboratory, King's College Chapel, and the Cambridge University Library. The Cambridge skyline is dominated by the last two buildings, along with the spire of the Our Lady and the English Martyrs Church, the chimney of Addenbrooke's Hospital and St John's College Chapel tower. Cambridge is at the heart of the high-technology Silicon Fen with industries such as software and bioscience and many start-up companies spun out of the university. Over 40% of the workforce have a higher education qualification, more than twice the national average. Cambridge is also home to the Cambridge Biomedical Campus, one of the largest biomedical research clusters in the world, soon to be home to AstraZeneca, a hotel and relocated Papworth Hospital. Parker's Piece hosted the first ever game of Association football. The Strawberry Fair music and arts festival and Midsummer Fairs are held on Midsummer Common, and the annual Cambridge Beer Festival takes place on Jesus Green.
    [Show full text]
  • PLACE MATTERS Innovation & Growth in the UK 03
    PLACE MATTERS Innovation & growth in the UK 03 FOREWORD We commissioned this report at a crucial moment for the UK. With a new This report is addressed both to local and civic leaders, and to central Government and Prime Minister, and as we exited the EU, we knew this was Government and its institutions who lead on innovation policy. It is about how we the right time to focus on innovation in our economy. Over the last decade, begin to improve the UK’s innovation performance from the ground up. To local productivity growth in the UK has lagged behind other countries, and the gap Government, businesses and institutions in places, we ask that you take a hard between our cities and the innovation hubs of the rest of the world has grown. look at where you currently are and what you want to achieve in innovation, using This report argues this is due to a failure to balance innovative activity across the the checklist of recommendations to start. country, even as our science base has remained globally leading. Many of our cities led the global economy’s first modern leap in productivity – they should Our new Government has made clear that its priority is the levelling up of all parts participate in the next. It is a timely diagnosis of where innovation is flourishing, of our economy: this will be impossible without a better distribution of innovation. where it is being held back, and presents the beginnings of a plan to unleash it. Business-as-usual is not good enough, and if we repeat what we have done in the past, the potential of our places will remain untapped.
    [Show full text]
  • RESEARCH and ENGAGEMENT on LONG HORIZON INVESTING 2 Contents 1
    Newton Centre for Endowment Asset Management 1 RESEARCH AND ENGAGEMENT ON LONG HORIZON INVESTING 2 Contents 1 At its inception in 2013, the Centre for Welcome from the Centre 2 Endowment Asset Management represented an Centre Highlights 3 informal research network focused on investing Contribution to the wider academic community 3 for foundations and endowments. Impact on teaching 3 Impact on policy and practice 3 Since then, our focus has broadened. The Centre Overview of the Centre 4 has grown into a global research initiative Management Team 4 focused on knowledge and understanding of Research Network 5 long horizon investing. Ongoing Research Projects 9 Conferences and Events 11 The following report aims to capture the contribution the Centre Deep Engagement 14 has made to research and engagement in the past few years and Public Engagement 16 the impact it continues to have on teaching and policy in the area of investment management. Recent Publications by CEAM Faculty 18 Media and Press coverage 22 Partners and Supporters 24 Printed in JanuaryPrinted 2017 2 Welcome from the Centre Centre Highlights 3 Long-term investors – a group comprising sovereign funds, Contribution to the wider academic community family offices, endowments, foundations, and pension funds – represent nearly half of global wealth. We recognise the The Centre’s research network has generated 53 publications in the last two years increasingly important and influential role these investors play including journal articles, books and book chapters. Our research is presented at in both asset ownership and asset management. the world’s highest-rated finance conferences. Long-term investors are integral to societal wellbeing and We continue to establish and strengthen global research networks and have their value added is inextricably linked to how they manage their investments.
    [Show full text]
  • Location, Location, Location
    Focus: Luxury brands w Location, location, room for value throughout the chain... I think ARM creation of a safe social network for children. ose is probably the keystone in that process.” companies flourish because of Tech City itself. e e dotcom bubble would burst in the early 00s, community acts as an extended support group. Its location but ARM, with its strategy of forging ahead through job fairs draw thousands of hopefuls and its pubs In our ongoing series on reputation, Brittany partnerships and communications, avoided the act as real-life chatrooms for the countless businesses Golob charts the development of the British disaster that befell its contemporaries. “Have many finding their feet in tech entrepreneurship. technology industry of them sold up and become satellites of mainly US Places like Stockholm and Berlin have established firms? Yes, but that’s true elsewhere too,” Cellan- technology bases, Gaza and Glasgow boast a startup Jones adds. “It has a positive side – small UK tech culture and Kenya will develop the so-called Silicon arold Wilson stood in front of the Labour start-ups have been quick to grasp the need to go Savannah by 2030. What makes London different, Party Conference at Scarborough in global and often that means they need access to the however is something it has boasted for centuries 1963 and declared that Britain needed a kind of capital only available in the US.” – the financial industry. Both geographically and Hrevolution. Revolution in the name of capitalism, As the 20th century faded into the 21st, Britain economically, the tech startups that crowd the streets of democracy and of science, a revolution that began developing a tech industry that seems of Shoreditch and the country’s signature financial would forge a new Britain.
    [Show full text]
  • Silicon Cities Silicon Cities Supporting the Development of Tech Clusters Outside London and the South East of England
    Policy Exchange Policy Silicon Cities Cities Silicon Supporting the development of tech clusters outside London and the South East of England Eddie Copeland and Cameron Scott Silicon Cities Supporting the development of tech clusters outside London and the South East of England Eddie Copeland and Cameron Scott Policy Exchange is the UK’s leading think tank. We are an educational charity whose mission is to develop and promote new policy ideas that will deliver better public services, a stronger society and a more dynamic economy. Registered charity no: 1096300. Policy Exchange is committed to an evidence-based approach to policy development. We work in partnership with academics and other experts and commission major studies involving thorough empirical research of alternative policy outcomes. We believe that the policy experience of other countries offers important lessons for government in the UK. We also believe that government has much to learn from business and the voluntary sector. Trustees Daniel Finkelstein (Chairman of the Board), David Meller (Deputy Chair), Theodore Agnew, Richard Briance, Simon Brocklebank-Fowler, Robin Edwards, Richard Ehrman, Virginia Fraser, David Frum, Edward Heathcoat Amory, Krishna Rao, George Robinson, Robert Rosenkranz, Charles Stewart-Smith and Simon Wolfson. About the Authors Eddie Copeland – Head of Unit @EddieACopeland Eddie joined Policy Exchange as Head of the Technology Policy Unit in October 2013. Previously he has worked as Parliamentary Researcher to Sir Alan Haselhurst, MP; Congressional intern to Congressman Tom Petri and the Office of the Parliamentarians; Project Manager of global IT infrastructure projects at Accenture and Shell; Development Director of The Perse School, Cambridge; and founder of web startup, Orier Digital.
    [Show full text]
  • The Economist February 18Th 2017 3
    Flynn and the turmoil in Trump’s White House FEBRUARY 18TH–24TH 2017 Sex and science Gene editing, clones and the ethics of making babies Life Sciences Look to Britain Silicon Fen, UK for world-class medical research. Four of the top six universities in the world for clinical and health sciences can be found in the UK. It’s just one of the reasons we lead in biomedical innovation. Why don’t you take a closer look? Discover a land alive with opportunity at great.gov.uk Contents The Economist February 18th 2017 3 6 The world this week Asia 31 The Kim family Leaders Half-brotherly love 9 Reproductive technologies 32 North Korea tests a missile Sex and science Got a rocket in your pocket 10 Trump’s White House 32 Cambodian politics The Flynn fiasco One down, 54 to go 10 The United Kingdom 33 Elections in Turkmenistan Sliding towards Scoxit Protection racket 11 Greece and the euro 33 Elections in Jakarta The firing of Uphill task Fighting fake news Michael Flynn America’s national security 12 China’s liberals 34 Taiwanese politics A convenient untruth adviser raises questions that The two faces of Mr Xi won’t go away: leader, page On the cover 35 Japan’s forces 10. Mr Flynn’s departure will Barmy army Ways of making babies Letters not fix the problems in Donald without sexual intercourse 36 Banyan Trump’s government, page 21. 16 On televisions, are multiplying. History Red v green in Vietnam The press should criticise Venezuela, Singapore, suggests that they should be politicians when they lie.
    [Show full text]
  • Innovation and Regional Competitiveness
    The Spatial Dimensions of Knowledge Flows: Implications for Innovation Policy Philip McCann University of Groningen Special Adviser to the EU Commissioner for Regional Policy Johannes Hahn Features of Knowledge • Knowledge is: - sticky with respect to institutions, organisations and location - sticky with respect to geography and location – clustering • Issue of boundaries or barriers to knowledge or innovation • Issue of systems of knowledge or innovation Features of Innovation • Features of Innovation: (i) newness (ii) improvement (iii) reduction of uncertainty by creation of a monopoly position • Types of Innovation (OECD Oslo Manual): (i) product innovation (ii) process innovation (iii) radical innovation – new products to market Systems of Innovation • Sectoral innovation systems (SIS) Technological systems of innovation (TIC) National systems of innovation (NIS) Regional systems of innovation (RIS) • Which specific innovation system is dominant depends on the context: the prevailing industrial, organizational and geographical structure Systems of Innovation • Innovation via large firms with large R&D budgets • Innovation via groups of SMEs • Innovations via networks of firms and organisations • Innovation via publicly funded universities and research institutes • Systems mixtures of each Agglomeration and Clustering • Sources of externalities - Knowledge spillovers (learning) - Non-traded specialist inputs (sharing) - Specialist skilled labour pool (matching) Outcomes of externalities - Localisation economies - Urnanisation economies
    [Show full text]
  • Global City Theory in Question: the Case of London and the Logics of Capital
    GLOBAL CITY THEORY IN QUESTION: THE CASE OF LONDON AND THE LOGICS OF CAPITAL Dissertation Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By Delphine Ancien, M.A. * * * * * The Ohio State University 2008 Dissertation Committee: Approved by Professor Kevin R. Cox, Adviser Professor Nancy Ettlinger ________________________ Professor Edward J. Malecki Adviser Geography Graduate Program Professor Darla K. Munroe Copyright by Delphine Ancien 2008 ABSTRACT Since the 1980s the greater London area has been home to an increasingly large proportion of the British population, economic activities and profits; its population growth has been quite phenomenal. Many observers over the past few years have been warning that this growth threatens to be self-inhibiting. This has to do with London’s escalating housing costs. Housing shortages in turn tend to create labor shortages in low- skilled low-paying jobs as much as for middle-and-higher-income positions. This problem is quite common in large economically-booming cities, and even more so in what have been identified as ‘world’ or ‘global cities’, such New York City, Tokyo, and London. These cities are characterized, in particular, by their concentration of command and control functions of the world economy, and especially global financial functions. These have become a crucial aspect of capitalism in an era of increased globalization and financialization of capital. However, although the world city and global city literatures appear as a very important departure point for analyzing London’s housing crisis and, crucially from the standpoint of this dissertation, the ways different agents and coalitions of actors have been approaching this issue, I argue that it is necessary to go beyond the rather standard world/global city accounts that have ensued.
    [Show full text]
  • Scotland and Neo-Liberalism
    SCOTLAND AND NEO-LIBERALISM Neil Davidson, contributor to Neo-Liberal Scotland, introduced this talk and discussion on 7.5.15 Many people’s understanding of Neo-liberalism has been influenced by the work of Naomi Klein and David Harvey. Some see Neo-liberalism as an ideology or set of policies, pushed by certain institutions and free market think tanks. However, Neil sees Neo-liberalism as representing a distinct change in the capitalist economy. This stems from the pressures of the economic crisis in the 1970’s and the challenge faced by the capitalist class from growing working class struggles at the time. The move to Neo-liberalism was based on the prior post World War II growing globalisation of the economy, with increased international trade, internationalisation of production and financial institutions (particularly in New York and The City of London) with global rather than national interests. Before this globalisation most major national corporations were in favour of state intervention. It was small businesses that opposed it. However, in the new globalised world order, big business became relatively small, and adopted a similar hostile attitude to state intervention. The trigger for the change to Neo-liberalism was the 1973-4 Oil Shock, but there was a deeper underlying crisis of profitability. It was in this context that Vanguard Neo- liberalism emerged. Such thinking could not have emerged from Labour or the liberal wing of the Democrats. It came from the Right. It was first tried out in Pinochet’s Chile, after the coup1973. However, Thatcher was the most significant figure in this vanguard phase, whereas Reagan was just a front man for other Right forces in the USA behind him.
    [Show full text]
  • Silicon Hills, Austin, TX
    Silicon Valley‘s Competition Creating a Technopolis Miroslaw Malek Humboldt-Universität zu Berlin Institut für Informatik [email protected] Silicon Hills, Austin, TX Silicon Hills, Austin, TX • Over 1,200 software companies • More than 100,000 high-tech jobs • ―Keep Austin Weird‖ Biggest Success Story: Computer • Founded 1984 by Michael Dell with only $ 1000 1 Silicon Hills - Employers Biggest Employers today: • Dell • IBM • Motorola • Freescale Semiconductor • AMD • Samsung • Sematech • 3M • Tokyo Electron • Applied Materials 2 Top 10 VC Investment Cities in 2010 - 4th Austin, Texas Austin, Texas- One city that consistently appears on the top 10 cities of venture capital Source: Silicon Hills- Top VC Investment City Silicon Hills - Success Factors Structure Change Plan •Creation and fortification of partnerships between industry, government and education (University of Texas) •Promotion of start-ups and spin-offs; Rise of venture capital •Promotion of IT companies •Concentration of universities to industry-oriented education University of Texas (fulltime enrollment: about 56,000) •Dean George Kozmetsky enforced entrepreneurship in education after 1977 •Systematic creation of critical mass for hightech cluster 5 Lessons Learned – Silicon Hills •Charismatic personalities with clear sense of purpose can stimulate the entire regions •Systematic development of technopolis with clear payoffs for the region •Scientific approach to entrepreneurship and technology transfer pays off •Focus is important (electronics and SW) •Buildup
    [Show full text]
  • Radical Innovation in the Transatlantic Economy: Is a Silicon Valley in Europe Possible? (Under the Direction of Liesbet Hooghe, John Stephens, and Gary Marks)
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Carolina Digital Repository Radical Innovation in the Transatlantic Economy: Is a Silicon Valley Possible in Europe? Jorge L. Vela A thesis submitted to the University of North Carolina at Chapel Hill in partial fulfillment of the requirements of the degree of Master of Arts in the Transatlantic Masters (TAM) Program in the Department of Political Science. Chapel Hill 2009 Approved by: Liesbet Hooghe John Stephens Gary Marks ABSTRACT JORGE VELA: Radical Innovation in the Transatlantic Economy: Is a Silicon Valley in Europe Possible? (Under the direction of Liesbet Hooghe, John Stephens, and Gary Marks) In this paper I will discuss the role of institutional frameworks and public policy in spurring technological, “radical” innovation in Coordinated Market Economies (CMEs) such as France. The main question asked is whether high-technology start-ups can be successful in Europe. This study will start by first explaining in detail the elements of the successful “Silicon Valley” model of technological innovation. I will then examine institutional frameworks in both CMEs and in Liberal Market Economies (LMEs) such as the U.S. and analyze the factors that are relevant to technological innovation. Building on this information, the third section will provide an analysis of the possibilities for radical innovation in Europe. Finally, this study will examine these possibilities through a case study of France. Public policy starting in the 1990s to the present will be given special attention, and examples will be drawn to prove that radical innovation is possible in Europe.
    [Show full text]
  • INDUSTRIAL POLICY in EUROPE SINCE the SECOND WORLD WAR: What Has Been Learnt?
    ECIPE OCCASIONAL PAPER • No. 1/2012 INDUSTRIAL POLICY IN EUROPE SINCE THE SECOND WORLD WAR: What Has Been Learnt? By Geoffrey Owen Department of Management, London School of Economics www.ecipe.org [email protected] Rue Belliard 4-6, 1040 Brussels, Belgium Phone +32 (0)2 289 1350 ECIPE OCCASIONAL PAPER EXECUTIVE SUMMARY Prompted by the revival of interest in industrial policy in several European countries, this paper considers what lessons can be learned from earlier European experience. The focus is mainly on sectoral or targeted industrial policy, designed to improve the performance of particular industries. Since the Second World War European industrial policy has passed through two phases. The first, starting in the 1960s, saw a series of attempts by governments, especially those of the UK and France, to create national champions in industries deemed essential to the health of the national economy. Among the favoured sectors were high-technology industries such as aerospace and computers; part of the motivation was to narrow the “technology gap” between Europe and the US. There was also a widely held belief in scale as the key to inter- national competitiveness. With some exceptions these interventions were generally unsuccessful. Policy-makers tend- ed to overrate the risks and costs of market failures and to underestimate those associated with government failures. There was also a mistaken assumption that there were certain technologies which a country somehow needed to have, and that they were more likely to be acquired through centralised direction than through competitive markets. The cost to the taxpayer of ill-judged industrial policy was high.
    [Show full text]