UKSPA Breakthrough Issue 3 SPA03.ebook_hr | Page 51

Growth Sharing your success, best practice, and lessons learned City slick Liverpool forecasts a knowledge economy breakthrough P Chris Musson Chief Executive, Liverpool Science Park Chris brings a unique mixture of experience to the Liverpool team, having operated for many years at senior levels in the public, private, and not-for- profit sectors olicy fads and new initiatives are always seductive, especially in the field of regional development. The favoured policy is currently the development of Innovation Districts, with their focus on physically compact urban areas, where leading edge institutions and companies connect with startups, business incubators and accelerators – walkable neighbourhoods where housing, jobs and amenities mingle. There is always a temptation for cities to try to reflect this new wrapper in their strategies, but it is often quickly apparent after a little scratching beneath the surface that the reality is less than skin deep. However, this policy could have R e a d o n l i n e at: u k s pa . o r g . u k / b r e a k t h r o u g h been written especially for Liverpool and its Knowledge Quarter. Of course, like most things in life, we are dealt a hand and we play it. This is certainly true around the optimal location of science parks and technology focussed spaces. Each of our locations was chosen for a reason at some point in the past. You work with it and at some point, like most policies or thinking, you will either be in fashion or out of fashion. How you play your hand is important. If you are on the crest of the in-thinking, you make the most of it. If the fad changes, your strengths will still be your strengths. When Liverpool Science Park (LSP) was first mooted in the early 2000s, the w i n t e r 2 0 17 | U K S PA B RE A K T H R O U G H | 51