We help places understand and develop the tools to deliver good growth.
How to deliver good growth is a question we care deeply about as a business and features across many of our projects. Innovation is an important enabler to economic growth and plays a key role in tackling the productivity puzzle of the UK, therefore in our work we support our clients in creating the right conditions for innovation to happen and curating the necessary infrastructure for innovation to thrive.
We have unrivalled expertise in place and sector analysis. We tell the story of a place, or sector, using a bottom-up approach to build an accurate picture of the interplay between different components of the economy through complex and bespoke analytics. This isn’t just about measures of performance and audits of buildings, spaces and kit, but also about understanding the people, networks and partnerships that make places tick.
We convert analysis into strong sector, cluster and ecosystem strategy. We know that the mapping and analysis is only the starting point, the evidence must enable a clear articulation of the proposition at the heart of a place. We work with clients and engage with their partners and stakeholders to develop strategies and action plans which can be implemented, and which evidence shows will make a real difference.
We develop credible project pipelines and identify investable propositions, supported by good governance to co-ordinate action. We support clients to mobilise strategy, facilitating calls for projects and developing robust business cases, creating a new platform to market local and regional opportunities to attract investment. We advise on the set-up of operational structures, including establishing the necessary governance structures to co-ordinate activity, and facilitate the coming together of the private and public sector to initiate action.
Selected case studies:
Selected publications:
Engineering Economy in Place, Royal Academy of Engineering (our blog coverage here)
Foreign Direct Investment, R&D, and Creative and Digital Industries in the Midlands
Opening the Innovation Economy: The case for inclusive innovation in the UK
“To better support the growth of our regional activities, and to consider the role of engineering across the UK more broadly, we realised that better tools were needed to describe how much, what type, where and in what context engineering is happening. […] We lacked a way to measure, describe and compare the role engineering plays in different places. Engineering Economy and Place solves this challenge by creating, for the first time, a framework to understand the structure and value of engineering in places across the UK. ”