Why Some U.K. Cities Thrive While Others Decline
An office building goes up in Reading, a British city that has seen great growth in knowledge economy jobs since 1911. (Flickr/Tristram Brelstaff)
… The report offers three broad recommendations for how metros—and in particular older, struggling industrial metros—can better adapt to the post-industrial knowledge economy.
Invest in talent and skills
The report highlights the central role played by talent, human capital and skills. The knowledge economy is powered not just by the clustering of firms per se, but by the clustering of talented, highly-skilled workers. This is key to business location and development. Link