Local context
Where the Cambridge economy comes from
Much of modern Cambridge business traces back to a decision taken in 1970. That year Trinity College opened Cambridge Science Park, inspired by its former bursar Sir John Bradfield, to bring academic research and industry onto a single site. The park calls itself Europe's original science park, and it still houses young start-ups next door to multinational research groups.
South of the centre, the Cambridge Biomedical Campus is now the largest employment site in the city. Addenbrooke's, the Rosie and Royal Papworth hospitals share it with the MRC Laboratory of Molecular Biology, the Cancer Research UK Cambridge Institute and AstraZeneca's Discovery Centre, and Cambridge South station serves its western edge. Around those anchors runs a long tail of suppliers, consultancies and specialist service firms whose customers are scientists and clinicians.
Then there is the Cambridge that visitors see: punts on the River Cam, college courts, the Fitzwilliam Museum, Market Square and a dense web of cycle paths. Hospitality, guided tours and independent retail all rely on that flow of people. The upshot is a city where a laboratory supplier, a punting operator and a two-founder spin-out may each need new software in the same month, for entirely different reasons.