More than 25,000 are now
involved in Coventry’s booming new economy - but large chunks of
the city’s population risk being left behind in the drive to the
digital age.
A survey of employers in
1998 revealed that the number of people working in electronics,
software, the internet, or other computerised areas has grown.
And researchers predict
that in the next five years the numbers could double again as
companies such as Marconi and Jaguar expand their research
sections.
When the new Marconi
headquarters are built in Ansty it will be the first time for more
than 75 years that the largest firm in Coventry is not involved in
the car industry.
Myles Mackie, research and
strategy manager in Coventry City Council’s city development
directorate, said:
“We are in exactly the
same position as we were in the 1910s with the new industry of
the 20th century, the car industry.
“It was a leap in the
dark as people didn’t know how the industry would develop.
“It’s another
example of Coventry re-inventing itself.”
Mr Mackie said the
definition used for the “new economy” was firms that used
“brain-power, not muscle” and whose services or products
couldn’t be made using low-tech means.
He said other traditional
firms that were developing the use of computers could fall into
the new economy bracket.
But he warned that
low-skilled people and small firms risked missing out and being
left behind in the rush.
He said:
“The problem we’ve
got is the city is split in two. There are those who can deal
with the new economy, but a lot who can’t.
“It’s a serious
issue for the future prosperity of the city that young people
get the knowledge to deal with this.
“People on low pay,
with a low amount of education and elderly people are all at the
risk of missing out.
“We need to make sure
that the young people get the training they need as they could
earn a lot of money from these changes.
“One of our biggest
concerns as a lot of smaller firms are doing very traditional
things, but they need to be converting.”
The figures were produced
from a survey of firms using Inland Revenue data from the
government covering 4,875 of the 5,500 businesses in the city.