Centre for Cities calls into question levelling-up strategy to boost regional innovation through sector-specific support
The government’s investment zone programme, which provides regional support for innovation in specific sectors, may be “too narrow” to improve economic productivity, according to new analysis.
The chancellor Jeremy Hunt has said at least 10 investment zones would be centred around universities or research institutions, each backed with £80 million of public money over five years to encourage an uptick in private investment.
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