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This case study relates to the impact of research by the University of Cumbria's Centre for Regional Economic Development (CRED) on the regional impacts of inward investors on supply chains and the effectiveness of policies designed to grow regional clusters. On the basis of publications, Professor Frank Peck (Director of CRED) was appointed Expert Evaluator for a sequence of EU FP7 "Regions of Knowledge" project proposals (2007-2011), and subsequently invited to join an EU Expert Group examining the role of clusters in Smart Specialisation Strategies in EU Regions. This work has demonstrated that existing cluster initiatives can justifiably be used as a means of implementing smart specialization. As a result, regions are being encouraged to retain cluster strategies as integral parts of EU regional and innovation policies for the 2014 - 2020 programming period.
A major challenge to economic policy and public sector governance is how to provide a sustainable economic basis for less prosperous localities and neighbourhoods. Research findings demonstrated the need for a greater focus upon enterprise and jobs at a sub-regional level and improved co-ordination and integration of governance arrangements in order to tackle this issue. These findings influenced the development of national and local government policy and practice towards the economic development of deprived areas from 2004 onwards. Impacts were evident through shaping a significant re-orientation in policy approaches towards deprived neighbourhoods as well as the development of specific policies and governance practice.
This case study captures the aftermath of the abolition of Regional Development Agencies and Government Offices in England after 2010. The research underpinning this case study analysed the shift from `regionalism' to `localism' in the North East of England and found that the abolition of the regional tier of governance in England did not invalidate the continuing need for multi-level policy coordination, networking and `voice' at the regional level. These findings, characterised as `Common-Sense Regionalism', directly led to the creation (by Central Government) of a Cross-Government Group of national and sub-national civil servants, representatives from local government and from the voluntary sector.
Research by Lawton Smith into analysing firms' behaviour and the relationships between entrepreneurship and innovation and regional growth has impacted on policy-making by regions and governments with international reach though the OECD. An initial Oxfordshire focus of the research resulted in the establishment of the Oxfordshire Economic Observatory (OEO) (joint Oxford University/Oxford Brookes/Birkbeck) which facilitated the application of the results of the research. Since 2008 OEO has been commissioned to undertake policy-focussed research in a variety of national and international contexts. The research has led to Lawton Smith's involvement in influential policy advisory groups in the UK and overseas.
Goddard's research in the Centre for Urban and Regional Development Studies (CURDS) has:
The North East Economic Model (NEEM) was designed and developed at Durham University Business School (DUBS) from 2003. Customized to the regional economy, the aim of the research was for NEEM to model intra- and extra-regional economic relationships to provide quantitative estimates/projections of the impact of both long-term economic trends and shorter-term economic `shocks'. Its application has had significant impacts on policy practitioners in the region by: (1) facilitating more robust evidence-based policy analysis; (2) giving rise to knowledge transfer to policy-makers regarding the structure and workings of the regional economy; and (3) acting as a catalyst for an extended regional policy-modeling capacity. By influencing professional practice, it has had demonstrable impacts on regional economic policy, regional economic restructuring and local planning.
Research by the Regional Studies Research Group at UWS on the role and achievements of regional development agencies (RDA) across Europe led to the concept of a model RDA. The model demonstrates that future performance of RDAs needs to be underpinned by good collaborative working relationships with private sector clients and also targeted interaction with providers of business services and public knowledge institutions such as universities. The insights and recommendations from the group have been adopted into the policies of local and international governments (e.g. the UK, Scotland, Spain, and Mexico), the Organisation for Economic Co- operation and Development (OECD) and the European Commission.
Bradford research led to the development of the Foreign Direct Investment (FDI) model which fed into the formulation of international policy tools: namely the Principles for Responsible Agricultural Investment (PRAI) and the Indicators for Measuring and Maximizing Economic Value Added and Job Creation from Private Investment in Specific Value Chains (IMMEV). PRAI was adopted by the Group of 20 (G20) Finance Ministers and Central Bank Governors in 2010 and is currently in use to determine relevant national policies aiming to attract investment in agriculture, in Africa and South East Asia. IMMEV is used to support the Development Pillar of G20 and its use is currently implemented in six countries (Bangladesh, Cambodia, Dominican Republic, Laos, Mongolia and Mozambique).
This impact case study is based on research concerning the estimation of regional economic impacts through input-output models and spatial econometrics. The research resulted in the distribution of a free modelling software package to decision-makers throughout the South West region and has had policy impacts in terms of the influence of advice, data, and reports provided to a range of organisations including the South West Regional Development Agency, Plymouth City Council, and several other local councils and private sector decision-makers.
Research pertaining to the concept and theory of regional competitiveness has permeated economic development policymaking in the UK and overseas. Economic development policymaking has become increasingly devolved from the national level to government decision-makers at the regional, city and local level. This has required such policymakers to establish new strategies, modes of assessment, and marketing plans to facilitate and promote economic development. Cardiff's research has helped to transform the perception, activities and strategies of decision-makers through the provision of new concepts, methods and metrics for assessing regional competitiveness. The research has equipped them with the tools required to establish robust evidence-based policymaking within a knowledge economy.