4.8

Question 1

Why is there strong competition between local authorities?

Answer 1

Competition to create attractive environments for investors and workers who are highly skilled.

Question 2

What is the aim of regeneration strategies?

Answer 2

To attract business investment and workers from different context to create vibrant new places in urban and rural areas.

Question 3

What are different types of regeneration schemes?

Answer 3

• Sports-led
• Leisure-led
• Retail-led
• Culture-led
• Public/Private
• Tourism
• Rural diversification

Question 4

What is an example of a government encouraging investment?

Answer 4

Oxbridge gave multiple stakeholders in the local area and must be governed by local councils to ensure that regeneration meets the needs of local businesses and takes advantage of local talent

Question 5

What is a science park?

Answer 5

An area devoted to scientific research or development of technological business. Good for an area due to investment attracted

Question 6

What is the purpose of the oxbridge science parks?

Answer 6

• attract inward investment
• Cambridge park provided 42,000 jobs (attracted TNCs, such as AstraZeneca)
• Trying to consolidate “golden triangle of life sciences” - which includes Oxford, Cambridge and Central London.