Supercharging the Arc
Over the last 18 months we’ve experienced some of the most profound and wide-ranging changes to our everyday lives.
It’s right to say that our ‘stock’, is what’s locked into these companies solving some of the greatest societal challenges of our time.
Nourishing this capital is at the centre of many governments’ investment and recovery plans. In Britain, R&D has become a focal point of discussion as the country seeks to define its post-Brexit future, buttressed by the Government’s Innovation and Life Sciences Strategies and a commitment to spend 2.4% of GDP on R&D by 2027. As one of the UK’s largest concentrations of scientific contribution, the Arc accounts for 7.1% of England’s GVA or 5.9% of the UK as a whole.
Of course, as policymakers, politicians and interested parties have come to realise, the Arc’s potential as a powerhouse of innovation is not so easily activated through one lever alone. Transformational growth cannot be solely embodied in new infrastructure, industry presence, tax incentives or planning reform. Generating the energy required to sustain such an expansive region is, as we now understand it, a multi-dimensional endeavour.
As a pathway to access the untapped potential of the Arc’s resources, Radical Capital reconceptualises the region as a lock which is only primed to open when each segment is in alignment. Attributes, in the form of knowledge, community, infrastructure, natural, and future ‘capital’, can only be advanced simultaneously, to elevate the Arc’s international standing as a world-beating centre for innovation.