The Government has committed to levelling up R&D across the country and a new place-based innovation strategy. Governments around the world have sought to support local clusters of innovation in specific fields to support competitiveness and drive high value innovation. The life sciences sector in the UK is a top three global hub, the number one recipient for foreign direct life sciences investment in Europe and the industry employs over 250,000 people across the UK.
How can this comparative advantage help build more regional clusters? What can Britain learn from Silicon Valley or Tel Aviv in its approach to levelling up? It is possible to accelerate agglomeration in specific parts of the country to lead the world in strategic industries?