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
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