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Changing Places

Knowledge economy clusters and their locational factors

  • 2 things to know
  • Component 1 Section B

Overview

Quaternary sector, knowledge economy cluster and global technology firm founded in Cambridge.

What you need to know

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Key term

Define the quaternary sector.

Key term

What is a knowledge economy cluster?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    Define the quaternary sector.

    Model answer

    The quaternary sector creates, processes and applies knowledge rather than physical goods. Research, software, design, consultancy and biotechnology all sit within it.

  2. 2

    What is a knowledge economy cluster?

    Model answer

    A knowledge economy cluster is a concentration of research-intensive firms and institutions in one area. Shared labour, ideas and suppliers make each firm more productive than it would be alone.

  3. 3

    Name five kinds of activity found in knowledge economy clusters.

    Model answer

    Higher education, scientific research, creative and cultural industries, digital technology and biotechnology form the five main strands. Each depends on a highly qualified workforce.

  4. 4

    When was Cambridge Science Park founded, and by whom?

    Model answer

    Trinity College founded Cambridge Science Park in 1970 as Britain's first science park. The park set the pattern for university-linked development elsewhere.

  5. 5

    Roughly how large is the Cambridge technology cluster?

    Model answer

    The Cambridge cluster contained over five thousand knowledge-intensive firms by the early 2020s. More than seventy thousand people work for those firms across the sub-region.

  6. 6

    Name a global technology firm founded in Cambridge.

    Model answer

    Arm was founded in Cambridge in 1990 and designs processor architectures used worldwide. Chips based on its designs appear in most of the world's smartphones.

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