Oxford

Question 1

Why is it a good location to set up an economic hub?

Answer 1

1. University of Oxford, first-class research and skilled graduates
2. it is just 40 miles from Heathrow and 50 miles from London

Question 2

Changes:

Answer 2

1. A 2010 report a 1/3 of firms were 25 years old, yet 40% of them were dissolved
2. High level of change shows how knowledge based industries have to be cutting edge to prosper
3. From 2016, new residential quarter 1400 homes

Question 3

Regional and National Impact:

Answer 3

1. Employment soared in the early 2000s, increase 40% compared with 18% nationally
2. Considerable demand on housing, high house prices, commute time, high pollution
3. Nationally hi-tech companies bring a huge amount of prestige as they are associated with medicine and motorsports.