Earlier this month Demos published a fascinating report on the hot topic of London’s “Tech City” cluster, which has been promoted by the government as a key growth pole for the UK. The report authors Max Nathan, Emma Vandore and Rob Whitehead, put the Inner East London cluster in the context of similar phenomena in New York and Berlin; and get their hands dirty with some in-depth data analysis and face-to-face interviews of entrepreneurs. Policy recommendations are then made for the best way forward.
There have been some cool efforts at mapping the Silicon Roundabout Shoreditch/Old Street cluster from Wired UK, and from Tceh City Map using social networking connections. A more traditional robust approach was taken in this report of using the various business survey datasets to measure firms and their activities. The scale of the cluster (defined more widely to include Clerkenwell, Shoreditch and Hoxton) was found to be larger than previously thought, at around 3,200 digital economy firms and 48,000 jobs, with these industries becoming increasingly important for the London economy.