Paul Nightingale
banner
paulnightingale.bsky.social
Paul Nightingale
@paulnightingale.bsky.social

Professor of Strategy at SPRU.

Associate Dean of Research, University of Sussex Business School. #1 in UK for research income.

Editor Research Policy.

Acting Director HSP.

Views mine, not my employer. Politics unfashionable since 1654 .. more

Business 41%
Economics 31%
Pinned

Reposted by Paul Nightingale

NSCEB report on the future of biotechnology

www.biotech.senate.gov/wp-content/u...
www.biotech.senate.gov

Reposted by Paul Nightingale

(AP) — Steve Cropper, influential guitarist and member of Stax Records' Booker T and the MGs, has died at age 84.

We have similar things with innovation policy. Totally ridiculous things that play to the populist choir.

Waste of time explaining it's nonsense as it gives them validation and publicity.

Much better to just say "no one is stopping you doing x, if you think it works just go do it"

and nothing.
Agree with @jomichell.bsky.social here.

My earlier piece: "The claim that that MMT means that a future government can dodge hard choices about how to pay for decent public services is just plain nonsense."

www.prospectmagazine.co.uk/ideas/econom...
GB News now broadcasting calls to remove the ethnic minority MPs from parliament

Listening to the AI one on the train...

Reposted by Paul Nightingale

Agree with @jomichell.bsky.social here.

My earlier piece: "The claim that that MMT means that a future government can dodge hard choices about how to pay for decent public services is just plain nonsense."

www.prospectmagazine.co.uk/ideas/econom...

It's just getting comic now...

Of the level of the introduction of cheap air travel or having two universities. The impact of cutting a campus on coastal towns is likely to be of that scale. Its not a good sign that this news isn't been greated more urgently.

Brighton's success isn't just down to the Universities - its creative industries cluster was heavily influenced by relative housing costs, but the two Universities are a major part of its success and very significant employers.

Shifting off the main line requires a significant change ...

The data really shows how coastal towns got hit hard. A 'de-servisiation' that isnt given the policy attention that goes to 'deindustrialisation'. But the impact is very significant on coastal towns.

There is one coastal town that has gone up.... Brighton. Which has two universities.

which reflects the growth of London as a global city.

The other outliers - towns moving down - are highlighted as coastal cities. This probably reflects the opening up of cheap air travel and people going on holiday to Spain etc. This hit towns like Blackpool hard.

What this shows is a very strong structuring effect in the UK economy - towns ranking doesn't change much. This is down to economic sorting where people and firms move to 'nicer' places to match their productivity levels.

There are two sets of outliers. First parts of London which reflects 2/n

Given that the University of Essex is closing its Southend campus and it isn't generating any policy traction, lets look at some data. This is from Fotopoulos and Storey (2017) and shows levels of economic activity in 1971 and 2011 in UK towns.... 1/n

Fantastic!

Problems of SME finance go back to Macmillan 1931 (updated in Bolton 1974). Concerns about manufacturing go back a century earlier to 1832. Concerns about the science system dominated in the late 1800s.

And yet.. productivity grew.

And then it stopped growing in 2007.
Britain’s largest long-term macro problem is a shortage of *private* investment.
This is not new.

Pretty dismal editorial from nature.

Pretty much:

1. We must do something!
2. This is something!
3. We must do this!!!

No attention to complaints the proposed measures aren't focused on bullying, are unlikeky to be effective and might well make matters worse.

www.nature.com/articles/d41...
Don’t downplay problems of bullying and harassment in academia
The United Kingdom, like all countries, must prioritize a supportive research culture as an essential ingredient in research excellence.
www.nature.com

Reposted by Paul Nightingale

The New York University Biomedical Entrepreneurship Educational Program’s career development awards boost early-stage scientists’ business knowledge and acumen to ease their transition from academia to industry go.nature.com/4ob0vVV
rdcu.be/eSP4C
Career development awards support early-stage researchers in life sciences entrepreneurship - Nature Biotechnology
The New York University Biomedical Entrepreneurship Educational Program’s career development awards boost early-stage scientists’ business knowledge and acumen to ease their transition from academia t...
go.nature.com
Britain’s largest long-term macro problem is a shortage of *private* investment.
This is not new.

Some great quotes from @kieronflanagan.bsky.social in this article on Haldane ....

Reposted by Paul Nightingale

wow!
Significantly more devastating when I ask it. Ouch.

Reposted by Catriona Seth

One for @hetanshah.bsky.social on the impact of the arts....
Great culture can save lives. Literally.

Amazing letter in today’s @thetimes.com about Tom Stoppard

Reposted by Paul Nightingale

Can you see how this might give the impression of a complacent policy elite, unwilling to take responsibility for the economic failure of the last 15 years?
Great culture can save lives. Literally.

Amazing letter in today’s @thetimes.com about Tom Stoppard
Currently dorking out over this graph about child mortality with my brother. Just mind boggling to take in.

They are in serious need of attention. We are not disagreeing on that. Our concerns are with the suggestions. I'm not really concerned about the process, if the outcome isn't fit for purpose.

You have a much more rosey view of this than me and many many other people. Buzzword bingo isn't good enough.
Second edition of the @cepr.org eBook on the economic consequences of the second Trump administration. Most chapters updated with what has happened since the first edition. Free to download.

Link: cepr.org/publications...

This whole AI PR guff about "embracing the future" is kinda correct as we are being asked to radically change how firms and technology have been regulated for a century.

We are being asked to ignore monopoly, anti-trust law, externalities, intellectual property protection and laws on public harms

Not just nice "the nicest"....

I'd get that printed on business cards.