2.1.6 - The 21st century knowledge economy and its social/economic impacts Flashcards
1
Q
what is the quaternary economy?
A
- creation, research and design these bring INNOVATION
2
Q
what is a cluster?
A
many research centres (often universities) located close by for collaboration in research
3
Q
what is an example of a cluster?
A
Cambridge science park - lots of universites close by to share and collaborate
4
Q
what are the factors influencing cluster growth?
A
- government support and investment
- university support and research contributions
- planning regulations and putting research next to eachother
- infrastructure ( on M4 stretchs so available)
5
Q
what different types of clusters are there?
A
education,
research,
creative,
biotechnology,
digital technology
6
Q
what are the impacts of clusters?
A
- increasing housing prices
- more links to other places
- changes the personality of a place
- boosts wages (quaternary)
- digital exclusion to other places
