Changing Places - Unit 4 Flashcards

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1
Q

What are the 3 locational factors for in the growth of a new quaternary industry?

A

1- Skilled workforce: high levels of education and skills. Consequently, many quaternary industries locate and cluster around universities and research institutes

2- Communication infrastructure: 2 key forms include: fast internet connectivity (ability for organisations to share info, often at a global scale, is vital for success) and transportation infrastructure (ability for key personnel to attend meetings and conferences to share and develop ideas is vital for many organisations)

3- Government: in 2014, British government spent £9 billion on R&D projects within its own research institutes

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2
Q

Name a case study of a regional quaternary industry cluster

A

M4 Corridor (to west of London)

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3
Q

Advantages of M4 Corridor location?

A
  • Both the M4 and the A34 provide good road communications
  • The electrical railway line from Paddington provides a quick route into central London for business meetings
  • Heathrow airport on the M4 provides easy over-seas access
  • Nearby universities, such as Oxford, have stimulated research projects here
  • The attractive environment of the Thames Valley provide homes for the highly paid workers
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4
Q

Name a case study of a localised cluster of quaternary industries

A

Cambridge Science Park

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5
Q

Give 3 key facts about Cambridge Science Park

A

1- Established by Trinity College in 1970
2- By 1999, there were 64 companies located at the park, employing 4,000 people
3- Has 2 local train stations, a guided bus and airports

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6
Q

What does the term ‘agglomeration of economies’ mean?

A

the benefits that come when firms and people locate near one another together in cities and industrial clusters

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7
Q

What is overheating?

A

Overheating of an economy occurs when it’s productive capacity is unable to keep pace with growing aggregate demand

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9
Q

How is Cambridge’s local economy overheating?

A

1- House prices increased
2- Unemployment higher than the rest of England (Cambridge at 5.2% compared to 4.4%)
3- Road traffic has increased
4- Population has increased by 14%

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10
Q

Key facts about Birmingham Science Park

A
  • Covers 14 acres
  • Over 100 companies
  • Employs more than 1500 people
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11
Q

Name a case study where cluster occur on a smaller scale

A

Birmingham Science Park

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12
Q

Name another case study where cluster occur on a smaller scale

A

The Custard Factory, Digbeth, Birmingham

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