Unit 4 Flashcards
What is the quaternary sector and what is it worth in the U.K?
knowledge based sector, and is worth £30 billion in the U.K
What percentage of U.K industry works in the quaternary sector?
10 - 15%
What is a saturated market?
when similar products are produced, constant redeveloping
What are the 4 locational factors that increase the growth of the quaternary industry?
- Skilled workforce
- Communication infrastructure
- Government
- MNC’s
How does having a skilled workforce increase growth of the quaternary sector?
people in these industries have higher levels of educations, can lead to clustering
How does having a communication infrastructure increase growth of the quaternary sector?
-> fast internet connectivity, allows the exchange of information
-> transportation infrastructure for meetings and conferences
How does having governmental support increase growth of the quaternary sector?
In 2014 British government spent £9 billion on R & D projects, this can attract foreign direct investment (FDI)
How do MNC’s increase growth of the quaternary sector?
These companies carry out their R & D operations abroad, usually to MEDC’s
What is meant by clustering?
when quaternary sector industries all concentrate in the same area, usually near universities to fund their work-force
How is clustering measured?
using ‘Location Quotient’, which quantifies how concentrated a particular industry or demographic group is in the region, compared to the nation
What is the equation of the Location Quotient (LQ)?
regional total employment
———————————————–
state industry employment
———————————————–
state total employment
How do you interpret the LQ results?
> 1.25+ = significant, above national avg.
1 = similar national avg.
<1 = less, below national avg.
Where does the M4 corridor pass through?
London to South Wales
What areas does the M4 pass through and the relevance to the quaternary sector?
- London -> 500,000 jobs in quaternary sector, £156bn to U.K economy
- Reading -> 45,000 jobs in dig tech, £30.6bn to U.K economy
- Bristol -> high tech start ups (Nokia, Amazon) foreign investment
What are the 4 establishments along the M4?
- Aldermaston and Harwell
- Jealott’s Hill
- Porton Down
- Brunel uni
What R & D project do Aldermaston and Harwell research?
newly formed atomic energy research establishment
In 2000 received £26 million investment, explores fusion research
What does Jealott’s Hill research?
Large commercial research facility in the U.K dedicated to agri-tech
employs approx. 800
What does Porton Down research?
Chemical weapons, science and defense technology campus, works with the ministry of defense