Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

New research centre to look at spatial differences in economic prosperity

15.01.2008
The Economic and Social Research Council (ESRC), Department for Business, Enterprise and Regulatory Reform (BERR), the Department of Communities and Local Government (DCLG) and the Welsh Assembly Government have today (14th January) announced the successful bid to establish an independent Centre for Spatial Economics.

Economic prosperity in the UK is unevenly distributed. The Centre, which sees a total joint investment of £2.4million over an initial three years, will support high quality independent research to further understanding in why some regions, cities and communities prosper, whilst other don’t. Research will focus on why there are disparities in economic growth at all spatial levels including regional, city-region, local and neighbourhood.

Additionally, the Centre aims to influence and improve policy decision-making at the national and local levels, connecting UK policy makers with international expertise, research and good practice in diagnosing and tackling such differences.

Named as the Director of the new Centre, Dr Henry Overman, from the London School of Economics (LSE) commented: “Although based at LSE the new Centre will draw together leading researchers in the field from across the country including those from Universities of Glasgow, Newcastle, Oxford and Swansea. We aim to be a centre of excellence for independent, high quality, innovative, strategic research, enhancing the evidence base to inform why some areas of the UK outperform others, as well as a hub for engaging national and international stakeholders, for capacity development and knowledge exchange.”

Commenting on the announcements, Professor Ian Diamond, Chief Executive of the ESRC, said, "This exciting new research centre reinforces our commitment to supporting leading edge research in areas that impact on key areas for society and policy as well as strengthening the UK research base in Economics and other related disciplines. This is a solid investment that will help to ensure that the research base contributes fully to the economic development and quality of life for the people of the UK and beyond."

Commenting on the announcement Business Minister, Stephen Timms, said: “We need a better understanding of how challenges such as globalisation will affect different areas in our country, so that we can know how to frame a policy that works better for all parts of Britain.

“The aim of the Centre is to put the UK at the forefront of research into economic location; so we can get a real grip on where value is generated, and how we can make sure that our policies can enable every place to reach its potential.

“The Centre is a genuine UK collaboration, with researchers in London, Newcastle and Glasgow, Oxford and Swansea joining the research programme. It is a good example of how links between London and the rest of the country can be fostered to bring benefits to all regions. Economic opportunity should be available to all no matter where they live”.

Local Government Minister John Healey said: "The Government is leading a major drive to ensure that every region and local area shares in rising national prosperity, by tackling deprivation and boosting local action on jobs, skills, investment and growth. This new centre will improve our understanding of local economic performance and provide a strong evidence base to help us to unlock that potential for growth, prosperity and opportunity in every local community."

First Minister Rhodri Morgan said “The issues to be researched by the new Centre are highly relevant to Wales. I very much welcome this announcement and I am particularly pleased to see that Swansea University is fully involved as part of the successful team. It is very encouraging for the Welsh Higher Education sector to have participation in such a ground-breaking ESRC investment.”

“The new Centre will study issues that are highly relevant to the future of all areas Wales, improving economic growth and reducing economic inactivity are key factors that must be addressed to allow Wales’ economy to continue to grow from strength to strength.”

Alexandra Saxon | alfa
Further information:
http://www.lse.ac.uk
http://www.berr.gov.uk/pressroom/Speeches/index.html
http://www.esrcsocietytoday.ac.uk

More articles from Business and Finance:

nachricht Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)

nachricht Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Manipulating Electron Spins Without Loss of Information

Physicists have developed a new technique that uses electrical voltages to control the electron spin on a chip. The newly-developed method provides protection from spin decay, meaning that the contained information can be maintained and transmitted over comparatively large distances, as has been demonstrated by a team from the University of Basel’s Department of Physics and the Swiss Nanoscience Institute. The results have been published in Physical Review X.

For several years, researchers have been trying to use the spin of an electron to store and transmit information. The spin of each electron is always coupled...

Im Focus: The proton precisely weighted

What is the mass of a proton? Scientists from Germany and Japan successfully did an important step towards the most exact knowledge of this fundamental constant. By means of precision measurements on a single proton, they could improve the precision by a factor of three and also correct the existing value.

To determine the mass of a single proton still more accurate – a group of physicists led by Klaus Blaum and Sven Sturm of the Max Planck Institute for Nuclear...

Im Focus: On the way to a biological alternative

A bacterial enzyme enables reactions that open up alternatives to key industrial chemical processes

The research team of Prof. Dr. Oliver Einsle at the University of Freiburg's Institute of Biochemistry has long been exploring the functioning of nitrogenase....

Im Focus: The 1 trillion tonne iceberg

Larsen C Ice Shelf rift finally breaks through

A one trillion tonne iceberg - one of the biggest ever recorded -- has calved away from the Larsen C Ice Shelf in Antarctica, after a rift in the ice,...

Im Focus: Laser-cooled ions contribute to better understanding of friction

Physics supports biology: Researchers from PTB have developed a model system to investigate friction phenomena with atomic precision

Friction: what you want from car brakes, otherwise rather a nuisance. In any case, it is useful to know as precisely as possible how friction phenomena arise –...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Closing the Sustainability Circle: Protection of Food with Biobased Materials

21.07.2017 | Event News

»We are bringing Additive Manufacturing to SMEs«

19.07.2017 | Event News

The technology with a feel for feelings

12.07.2017 | Event News

 
Latest News

NASA looks to solar eclipse to help understand Earth's energy system

21.07.2017 | Earth Sciences

Stanford researchers develop a new type of soft, growing robot

21.07.2017 | Power and Electrical Engineering

Vortex photons from electrons in circular motion

21.07.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>