Cambridge
in England is a world famous
university city. Besides
the 800-year-old University which is
composed
of 31 colleges, the city is also well known
for its science productions.
Clusters
of tech companies in Cambridgeshire give
rise to
this place being
called
“Silicon Fen”––the “Silicon Valley” of
Europe. Cambridge University is a research-based institute. Many
research
findings have been developed into the basis of the start-up
companies’ businesses.
With professional experts
graduated from or working in the University, this also attracts
global giant tech/ life science companies such as Oracle, Apple,
Microsoft, and GlaxoSmithKline,
to establish themselves
in
the
Cambridge
area. The vast research findings and the availability of a large
amount of professional experts
in the
vicinity
have turned the university
city into a thriving, rapidly expanding place with development of
several science parks in the past 30/40 years. Cambridge University
and the science parks surrounding it make
up the
“most successful innovation engine in Europe.”
In
October 2019, the published collated data by the University showed
that this largest technology cluster in Europe establishes with more
than 5000 “knowledge intensive” companies (among which 440 belong
to life-science and health-care companies) which employs over 61,000
people, and produces total turnover of £15.5
billion in 2018. The proportion of patent applications from the city
is the highest in the UK: 316 patent applications
published per 100,000 residents. The number is more than the next two
cities combined.
According
to a
Financial Times article, Cambridge was the first city to develop the
idea of
science park in
the UK.
“The first UK science parks appeared in Cambridge in the early
1970s, when Trinity College, one of the UK’s wealthiest educational
institutions, set up Cambridge Science Park on land that it owned to
the north-west of the city. Aping the US model pioneered by Stanford
in the 1950s, the initiative was prompted by government pressure to
boost links between higher education and industry. Other colleges,
including St John’s and Peterhouse, followed Trinity’s lead.”
Nowadays,
Cambridgeshire has about 10 science parks. “To the south of the
city, where the life-sciences industry is concentrated, Babraham
Research Campus
and Granta
Park
together accommodate about 80 start-ups, spinouts and established
companies.”
References
- Financial Times, 19th Novembr, 2019, Sarah Proven. “Cambridge science parks attract record funding for ‘spinouts’.” https://www.ft.com/content/40174572-d54e-11e9-8d46-8def889b4137
- Collated data by Cambridge University. Published in October, 2019. /web/20200123223356/https://www.cam.ac.uk/sites/www.cam.ac.uk/files/inner-images/innovation_in_numbers_oct_2019.pdf
No comments:
Post a Comment