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European Regions in the Knowledge Economy

European Regions in the Knowledge Economy. Mark Hepworth Local Futures Group. Presentation to South West Employment and Skills Research Forum 2 nd July 2003, Taunton. The ERKE Programme - Syndicate. Scotland – S.Executive, S.Enterprise & Highlands and Islands North East – ONE

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European Regions in the Knowledge Economy

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  1. European Regions in the Knowledge Economy Mark Hepworth Local Futures Group Presentation to South West Employment and Skills Research Forum 2nd July 2003, Taunton

  2. The ERKE Programme - Syndicate • Scotland – S.Executive, S.Enterprise & Highlands and Islands • North East – ONE • East Midlands – EMDA • London Borough of Camden – C.E.O, Regeneration & e-Government • Merseyside – MDDA and NWDA • Nottinghamshire – County, City, LSC • Black Country – Consortium Outputs: Mapping & Measuring Analysis (CD, REA), Thematic Study and European Benchmarking Analysis ERKE web Site

  3. Thematic Studies • Scotland – University-SME links • North East – Rural Knowledge Economy (FRESA) • East Midlands – Distributed Policy (FRESA) • London Borough of Camden – Social Exclusion and Strategic Framework • Merseyside – Broadband and ICT ‘pillars’ • Nottinghamshire – SME support infrastructure • Black Country – Business Architecture and Strategic Framework

  4. Interest in 2003-4 – Year 2 • Scotland – A Distributed KE Strategy for Scotland (nationwide) • Black Country – FE and HE in the KE (European fieldwork) • East Midlands – The Golden Triangle of Cities • Nottinghamshire – Culture and the KE Expressions of interest: SEEDA/Surrey/Kent; ONE Parallel work: LGA, DTI and DEFRA

  5. Local Futures Approach • Applying a geographical lens over public policy • Think Tank – The Geography of the Knowledge Economy • Regional Economic Architecture (REA) with the RDA ‘syndicate’ = DTI Report • Distributed Policy • European Regions in the Knowledge Economy (ERKE) • LGA Collaboration – the New Economic Localism

  6. The Four Pillars of the Knowledge Economy • Institutional • Regime • Cultivates a flexible, adaptive market-based economy and creative entrepreneurial society • Enhances competitiveness through improved efficiency and innovation • Human • Capital • A well educated and entrepreneurial population • Able to create and use new knowledge • ICT Infrastructure • Underpins the efficiency and functions of economic and social activities • Innovation Systems • A system that can readily adapt, assimilate and create new knowledge • Comprised of firms, universities, research centres, think tanks and other organizations Adapted from OECD

  7. The Knowledge Economy – Future of UK and Europe • Human capital powers the knowledge economy = employment and skills shifts to the CENTRE of economic development, community (NR) and regeneration • A distributed policy approach = add INCLUSION to competitiveness and LAYER policies from national through regional to sub-regional and local levels • Why do skills and employment strategies MATTER?

  8. Local Futures is in tune with new Government thinking ……. • Modern economic policy: has to be based on local initiatives and local solutions • Treasury-ODPM - devolution in economic policy-making (forthcoming Skills Strategy) • Local authorities to look at employment and skills, innovation and clusters and incentives (BR) to boost entrepreneurship/SME development • Partnerships between local actors – LSC, LA, RDA and providers (FE/HE) • Local Futures – LGA partnership project on the KE

  9. The LONDON Knowledge Economy 2000

  10. South West Knowledge Economy 2000 Slide 4 of 28 – Headline Results

  11. DTI Report – Some Key Issues • The Role of the Public Sector • Business Drivers outside London • The graduate labour pool and under-employment • Social polarisation • Brain drain • Cluster and anti-cluster policies • ICT fixation

  12. A Knowledge Economy Perspective on the Labour Market • “Reservoirs of Human Capital” - An atomistic abstract market where the issue is connecting individual employers with workers • “Communities of Social Capital” - An organised market where the issue is connecting institutions and stakeholder communities

  13. Typologies Function Rural/Urban Knowledge Intensity Advanced Centre Primarily Employ. (Jobs outnumber workers) Urban Over 1/3 KE businesses Transforming Centre ¼ to 1/3 KE Businesses Legacy Centre ¼ KE Businesses or less Urban KW Community Primarily Residential(Workers outnumber jobs) Urban >40% knowledge workers Urban Periphery <40% knowledge workers Rural Transforming Rural >40% knowledge workers Rural Periphery <40% knowledge workers Typology of Local Knowledge Economies

  14. The Geography of the Knowledge Economy in Britain

  15. London Megalopolis Urban Meltdown

  16. Urban Renaissance Super Sprawl

  17. Counter-urbanization and Sprawl Slide 9 of 16 – Focus on Sub-regions

  18. The Skills Landscape: from the City to the Country Slide 9 of 16 – Focus on Sub-regions

  19. Rural Business Start-ups Highest Around Southern Cities Slide 7 of 16 – Focus on Sub-regions

  20. www.localfutures.com

  21. www.localfutures.com

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