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 | Sep 22, 2021
Illinois’s sweeping climate bill includes statewide stretch code, building electrification measures
Aims for zero-emissions power sector by 2045.
Codes and Standards | Sep 22, 2021
Cities need to step up flood mitigation efforts to save lives
Recent storms highlight climate change dangers.
Codes and Standards | Sep 21, 2021
Steps to improve ventilation for Covid can combat colds and flu
New look at airborne disease spread shows time viruses linger in air may have been underestimated.
Codes and Standards | Sep 15, 2021
USGBC will change leaders, conduct strategic review
Aims to ensure organization is ‘well positioned to scale its work in the post-pandemic world’.
Codes and Standards | Sep 15, 2021
LEED-certified offices earn higher rents than non-sustainable properties
Are also more resilient to dips in real estate market.
Codes and Standards | Sep 7, 2021
Boston turns to developer fees to fund flood protection infrastructure
Assessments on commercial properties will help build seawall and other protective measures.
Codes and Standards | Sep 3, 2021
Low-cost methods can have substantial impact on reducing embodied carbon
Whole-building design, material substitution, and specification strategies can slash carbon by up to 46%.
Codes and Standards | Sep 2, 2021
Case for power resiliency in buildings grows with more disaster and outages
Essential businesses like data centers, hospitals are first adopters of new storage systems.
Codes and Standards | Aug 31, 2021
UK industry group wants mandatory whole-life carbon assessments of buildings
Aims to address hidden emissions embedded in supply chains.
Codes and Standards | Aug 31, 2021
Home electrification will require code upgrades
Residential electric panel capacity must be increased.