There are significant lessons from the Cambridge success story: the city is arguably the most successful technology cluster in the UK with £13Bn revenue from hi-tech and a Gross Value Add per job of £54,000 (40% higher than London)
Innovation drives productivity and economic growth, so it is unsurprising that successive UK Governments have promoted innovation. On many measures the UK’s performance is impressive – for example, 3rd place in the recent Global Innovation Index (behind Switzerland and Sweden and ahead of the US).
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