Hubs of Innovation III: Local Authorities as Curators
How does innovation happen in a place? What is it about a district, a neighbourhood, a cluster or a corridor that makes it possible for innovation to flourish? And what is the role of local authorities in curating innovation within and between places? In the 2021 Budget, the UK Chancellor, Rishi Sunak MP announced a commitment “to stimulating private sector investment to create jobs, develop hubs of innovation, and revitalise local areas and regions across every part of the UK”. This was followed in July by the launch of the UK Government’s Innovation Strategy which aims to make the UK a global hub for innovation by 2035. The innovation economy has become one of the defining features of the economic cycle, especially the role of innovation in the post-pandemic recovery and the wider ‘levelling up’ agenda. Yet there are stark differences between the innovation activity in different parts of the UK, and there is renewed focus on enabling the innovation economy to flourish right across the country. This is the second episode in our Hubs of Innovation podcast series which began with two reports that the Catapult recently published, 1) Hubs of Innovation which looks at the role of innovation hubs in the COVID-adjusted economy, and 2) the accompanying Playbook for Place Leaders, a practical guide for how to establish or grow an innovation hub. In this episode we explore the role of local authorities curators in the innovation economy. This episode is an edited version of an online event that the Catapult held on 20th July, 2021, “Local Authorities: Curating Places of Innovation”, which is also available to watch in full online. Music on this episode is by Blue Dot Sessions and Phill Ward Music (www.phillward.com) Show notes: Our Hubs of Innovation podcast series comes out of two reports that the Catapult recently published, 1) Hubs of Innovation which looks at the role of innovation hubs in the COVID-adjusted economy, and 2) the accompanying Playbook for Place Leaders, a practical guide for how to establish or grow an innovation hub. Both reports are free to download on our website. You can register for our Innovation Places Summit on 23rd September, as well as our Active Travel Summit on 29th September. If you'd like to get in touch with your feedback, comments and suggestions on what you'd like to hear more of on Connected Places, please email: [email protected]. We’re looking forward to hearing from you! To find out more about what we do at the Connected Places Catapult and to hear about the latest news, events and announcements, please sign up to our newsletter! Follow the show! Don’t forget to subscribe to the show on iTunes, Spotify and Google Podcasts. Please also take a moment to write a review and rate us so that more people can hear about the podcast and what we do at Connected Places Catapult.