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Oxford economic hub case study

Background

  • Oxford University and Oxford Brooke’s bring skilled students to the area

  • Several research organisations there (e.g Medical Research Council)

  • Long tradition of motor industry (e.g Mini)

  • 40 miles from Heathrow

  • 50 miles from London - fast train link

  • Hub for hi-tech companies

Changes

  • More companies than ever

  • Science Parks and Research Parks have grown to accommodate the increase in companies - new roads, buildings and services have been created (e.g Harwell Campus Research Park has built an innovation centre and 1,400 homes for employees)

  • Companies have grown and expanded (e.g Oxford Instruments grew from a small company in 1959 to a global company in 2000s)

Regional significance

  • Employment in hi-tech industries in Oxford grew by 40% in early 2000s - has led to a boom in house prices, people on low incomes have been priced out of Oxfordshire

  • Employment in services for residents has increased (e.g between 1998 - 2008 jobs in education rose by 50%)

  • Commuting times are high and there are issues with pollution as a result

National significance

  • Oxford is home to globally respected hi-tech companies in biotechnology, medicine and motorsports - this brings prestige to the UK

  • Oxford Instruments produce hi-tech tools and instruments. They employ over 1,500 in the UK and abroad, spreading money and jobs. They have a regional office in Yatton

Oxford economic hub case study

Background

  • Oxford University and Oxford Brooke’s bring skilled students to the area

  • Several research organisations there (e.g Medical Research Council)

  • Long tradition of motor industry (e.g Mini)

  • 40 miles from Heathrow

  • 50 miles from London - fast train link

  • Hub for hi-tech companies

Changes

  • More companies than ever

  • Science Parks and Research Parks have grown to accommodate the increase in companies - new roads, buildings and services have been created (e.g Harwell Campus Research Park has built an innovation centre and 1,400 homes for employees)

  • Companies have grown and expanded (e.g Oxford Instruments grew from a small company in 1959 to a global company in 2000s)

Regional significance

  • Employment in hi-tech industries in Oxford grew by 40% in early 2000s - has led to a boom in house prices, people on low incomes have been priced out of Oxfordshire

  • Employment in services for residents has increased (e.g between 1998 - 2008 jobs in education rose by 50%)

  • Commuting times are high and there are issues with pollution as a result

National significance

  • Oxford is home to globally respected hi-tech companies in biotechnology, medicine and motorsports - this brings prestige to the UK

  • Oxford Instruments produce hi-tech tools and instruments. They employ over 1,500 in the UK and abroad, spreading money and jobs. They have a regional office in Yatton

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