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While the Govt. is focussed (as always) on Oxford & Cambridge as drivers of innovation (to revive the UK's troubled economy), data on spin-outs suggests, while Oxbridge is the largest originator new firms, the spread of such activity can also contribute to the decentralisation of the UK economy;
As regional universities also foster such innovation, linking them better to regional economies might also be a good idea;
its not a new idea, but needs to be pushed (again)
@ChrisMayLA6 Perhaps we should be looking at why certain locations are more prosperous than others and then applying this knowledge to help less prosperous areas thrive? Having enough businesses to employ those living in a certain area probably helps. It’s the old steelworks/coal mine syndrome - one major employer shuts down and the whole area falls into decay.
Spin-out culture is often dependant on how affluent the universities AND students are. It's a culture that needs developing with time and money, and that's difficult to do if the Uni or the student is counting the pennies.
Not disagreeing, but the geographical range(even in the top ten & allowing four were in London) still tells us something about the possibility of Universities as local drivers of economic revival
Absolutely. It goes hand in hand with local local revival.
yes, see the Preston pound & UClan's under-developed but not insignificant role in the city