The Brookings Institution launched a new guide to help local leaders assess their innovation districts.
“Assessing your innovation district: A how-to guide,” provides a framework to audit the assets that comprise local innovation ecosystems. The document is designed to aid in targeting resources toward innovative and inclusive economic development based on an area’s unique strengths and challenges.
The framework is centered on a set of key questions:
1. Critical mass: Where are the region’s highest concentrations of innovation assets?
2. Innovation capacity: Is the district leveraging and aligning its distinctive advantages to grow and strengthen firms’ innovation capacity?
3. Diversity and inclusion: Does the district have an inclusive, diverse, and opportunity-rich environment?
4. Quality of place: Does the district have physical and social assets that attract a diversity of firms and people, increase interactions, and accelerate innovation outcomes?
5. Leadership: Does the district have the leadership necessary to succeed?
The guide provides sample methods and data that can be used to answer these questions. It also includes advice on the indicators that innovation district stakeholders can track to gauge their district’s success, along with suggestions for how additional measures could be used to further fuel district growth and development.
Related Stories
Codes and Standards | Jul 26, 2017
New ISO standard on video fire detectors will help identify fires more quickly
The standard marks the first comprehensive international specification for this equipment.
Codes and Standards | Jul 25, 2017
Geotechnical solutions prevent building distress due to expansive clay soils
The condition is the most common geologic hazard in the U.S.
Codes and Standards | Jul 24, 2017
Non-union labor gaining ground in New York City
President of contractors’ group says competitive pricing is spurring more open shops.
Codes and Standards | Jul 20, 2017
New tallest tower west of the Mississippi built to stringent seismic standards
L.A.’s new 1,100-foot skyscraper dominates city’s skyline.
Codes and Standards | Jul 20, 2017
Chicago rises to the top of U.S. cities in percentage of LEED or Energy Star office buildings
Certified office buildings reach 66% in windy city.
Codes and Standards | Jul 19, 2017
Economic impacts of climate change will jump over next two decades
Average annual cost to buildings and infrastructure from eastern storms to rise by $7.3 billion.
Codes and Standards | Jul 18, 2017
Energy modeling yields accuracy within 4%, says new study
Results of the study support the usefulness of the practice.
Codes and Standards | Jul 13, 2017
Net Zero Energy rebranded as ‘Zero Energy’
ILF aims to make new certification the sole standard for highest performing buildings.
Codes and Standards | Jul 13, 2017
New York City creates $10 million fund to help women- and minority-owned firms win construction contracts
The money is earmarked for up to $500,000 surety bonds per contract.
Codes and Standards | Jul 12, 2017
New International Building Code allows weather-resistive barriers above 40 feet
Danger of propagating flames now deemed negligible.
