Report launch – The geography of the new economy

Innovation is a key driver of productivity and long-term economic growth. Despite this, little is understood about where innovation occurs and the role of place in fostering innovation.

At this event, Centre for Cities and HSBC UK launched a new joint report, At the frontier: The Geography of the UK’s new economy, which investigates where innovative ‘new economy’ businesses such as automation, FinTech and advanced manufacturing are located and enables us to understand what the geography of innovation looks like across the UK. The report highlights the types of business activity that make up the new economy, where these businesses choose to locate and the factors contributing to location choice.

It also makes recommendations on how policy could take into account the geography of innovation to prioritise places with the greatest potential to grow their productivity through new economy businesses. This event consists of a short presentation on the report followed by a panel dicussion and reflections from speakers.

Speakers

Andy Street, Mayor of the West Midlands

Frances Howell, Managing Director, Head of Corporate Banking, Midlands Region, HSBC UK

Leigh Purnell, CEO and Founder, Petalite

Chair: Andrew Carter, Chief Executive, Centre for Cities

Centre for Cities would like to thank our sponsor, HSBC UK