Innovation in UK cities policy briefing
Published
January 2007
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Innovation in UK cities 82KB
Description
Thomas Friedman argues that the forces of globalisation and information and communications technologies are bringing about 'the death of distance' - any place with an internet connection can participate in a knowledge-based global economy.
Headline statistics seem to confirm this. In India, 23% of the workforce is employed in services, which is the fastest growing sector. Meanwhile, China now plays host to 750 multinational R&D centres.
Knowledge and ideas are quickly flowing from one place to another across an increasingly 'flat' world.