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'Innovation map' reveals wide spread of enterprise

The first 'innovation map' of the UK has revealed that Oxfordshire has the most innovative economy in Britain, while areas such as Teesside and Merseyside outperform London and Manchester. According to the Enterprise Research Centre, there is an 'arc of innovation' stretching from Cambridge through the southeast Midlands and along the M4 corridor to take in Oxfordshire and Gloucestershire. But just 17% of London businesses introduced a new or updated product or service in the two years surveyed, against 27% in Oxfordshire. Prof Stephen Roper, who led the research, said: 'The findings run counter to the dominant narrative of a country dependent on London, with innovation being more widely dispersed across the country than was previously thought.'

 

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