Case Study Cambridge Science Park Flashcards

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1
Q

Location?

A

Cambridge (‘Silicon Fen’), UK

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2
Q

Industry type?

A

Quaternary Industry

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3
Q

How many businesses and in what sectors?

A

Home to over 100 businesses

Most are in bio-medical, IT and telecommunications sectors i.e. high tech, quaternary industries

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4
Q

Why businesses chose Cambridge area: physical - climate?

A
  • Dry, sunny climate
  • Attracts businesses and workers
  • CBridge has one of lowest rainfall totals in UK: 554mm/yr compared to UK ave. 1126
  • It has high no. of sunshine hours: 1501hrs/yr compared to UK ave. 1355
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5
Q

Why businesses chose Cambridge area: physical - landscape?

A
  • semi-rural landscape of Cambridgeshire provides an attractive alternative to London
  • good for workers keen to maintain a reasonable work-life balance
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6
Q

Why businesses chose Cambridge area: human - transport?

A
  • Attracts businesses who need easy access to London and rest of U.K. And rest of world as excellent transport links
  • The M11 linking CBridge to London was completed in 1980
  • Fast trains to Kings Cross takes just 45 minutes
  • Stansted international airport is just 45 min train or car journey away
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7
Q

Why businesses chose Cambridge area: human - university?

A
  • CBridge uni provides a steady supply of highly trained graduates to work at these firms
  • As recent graduates they are quite cheap
  • There is also collaboration between uni departments and high tech businesses which is attractive prospect to new firms
  • GlaxoSmithKline and the Department of Pharmacology, Microsoft Research and Cambridge Computer Laboratory (nb not acc located on Science Park)
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8
Q

Why businesses chose Cambridge area: human - prices?

A
  • Industrial land, labour, residential properties and cost of living are all cheaper than in the capital
  • Ave. house price in Cambridge is £322,263 compared to £419,091 in Greater London
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9
Q

Why businesses chose Science park: physical - grounds?

A
  • 152 acres of the park have been carefully landscaped to maintain a peace and serene environment
  • 20 acres of open, public space with benches and footpaths to encourage workers to enjoy them
  • Planning ensures that many buildings are not visible from these areas
  • Car parks and waste collection areas are screened from view
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10
Q

Why business chose the Science Park: human - business facilities?

A
  • Park provides wide range of facilities to care for businesses especially high tech and so encourage them to locate here
  • The Innovation Centre (flexible space for startup businesses), 5 fibre optic broadband systems
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11
Q

Why businesses chose Science Park: human - social facilities?

A
  • Park provides range of facilities to cater for workers and so encourage them to come and work here
  • Trinity Centre includes a restaurant, coffee shop and bar and also a health and fitness club and The Kids Unlimited nursery
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12
Q

Why businesses chose Science Park: ‘Innovative Milieu?’

A
  • New firms are attracted to collection of similar firms by prospect of networking and sharing ideas
  • This phenomenon is particularly common in high tech industries and has led to clusters of new firms being called ‘innovative milieu’
  • They may also exchange workers with firms
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