This is a diagram from two excellent budget papers mentioned by CandidCapital in their post on Of Budgets and White Papers. First, the Innovation White Paper: Innovation Nation and secondly Enterprise: unlocking the UK’s Talent. Both have much to recommend them and provide good background material.
The diagram above is similar to the work done by the Director of the Judge Business School on clusters. There is little reference to the importance of Active Equity Companies and clusters are relegated to a minor role rather than something to be understood and replicated.
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