Case study. – the M4 corridor

The M4 corridor is the area either side of the M4 motorway running from London in the east of the UK across to Bristol and Cardiff in Wales. The area has become famous because of its concentration of hi-tech industries. Many hi-tech industries are footloose so not tied to a particular raw material. Therefore, they are able to look at other locational factors. The M4 corridor has become a popular location because:
Transport – The M4 road runs through the region and connects to the M25 and M5. London has five airports (including the world’s busiest international airport (Heathrow). There are also further airports in Bristol and Cardiff. A railway line also runs through the region.
Labour – there is a large pool of educated workers, not only in London, but also Swindon, Reading and Bristol.
Universities – Cardiff, Bristol, Bath, Reading and of course London have multiple universities that can not only supply skilled labour but also research and development facilities.
There are attractive areas to live nearby and enjoy recreation time.
Market – Much of the South of England is wealthy so there is a large potential market for new products.
Existing Industries – There is already existing government research facilities and other research based companies like British Aerospace and Rolls Royce in the area.
Conglomeration – If hi-tech firms group together they can share associated services. Associated companies may range from cleaning and security firms, to IT repair and research labs. By sharing services it should reduce costs and increase the amount offered.