KEY organisations within Liverpool’s Knowledge Quarter are generating £1bn in income every year for the area’s economy, according to new research.
The study, by Regeneris Consulting, identifies the future development of the Knowledge Quarter as a crucial driver of the Liverpool city economy, and shows that the area currently supports more than 14,000 full-time jobs.
The jobs amount to about 7% of the Liverpool total but are concentrated in approximately just 1% of the city’s geographical area.
The work was commissioned by urban regeneration company Liverpool Vision and its partners – the University of Liverpool, Liverpool John Moores University, Northwest Regional Development Agency, Liverpool City Council and BusinessLiverpool.
The city’s Knowledge Quar- ter is centred around the core university facilities of both universities in the east of the city centre, together with Liver- pool John Moores University’s city campus to the north.
In addition, it includes institutions of international significance such as The Liverpool School of Tropical Medicine and The Royal Liverpool University Hospital and is further enhanced by Liverpool Hope University, Liverpool Community College and Liverpool Institute of performing Arts (LIPA).
A summary of the Regeneris report will today be published as a Prospectus for Liverpool’s Knowledge Quarter to high- light the scale and potential of the city’s key knowledge assets.
Liverpool Vision chief executive Jim Gill said: “The Knowledge Quarter contains a remarkable concentration of outstanding research, teaching, knowledge transfer and commercial assets”
“This Prospectus documents, for the first time, the quality and scale of those assets, and how important they are.”