Find out more about the powerful new cluster mapping and benchmarking tool, designed by CBI Economics.
The government's new Modern Industrial Strategy is a welcome signal of long-term commitment to regional growth, innovation and economic resilience. However, to carve strategy into impact, local leaders need sharper tools.
At CBI Economics, we are developing a powerful new cluster mapping and benchmarking tool, designed specifically to help local and combined authorities identify their competitive strengths and attract targeted investment. Grounded in firm-level, real-time data, and underpinned by robust economic modelling, this platform will support regions to lead from the front.
Why we need a new approach to clusters
Industrial clusters - concentrations of interconnected businesses, research institutions, and talent - are vital components of all economies. They spark innovation, provide jobs, and generate wealth in communities. Yet many places lack the right evidence to demonstrate their strengths in emerging sectors or to compete effectively for investment.
The traditional tools we've used to understand the economy, based on outdated SIC codes or hi
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