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 | Aug 30, 2021
Facebook’s new $800 million Arizona data center to save big on water
Will restore more than 200 million gallons of water per year to river basins.
Codes and Standards | Aug 26, 2021
California may require solar on new high-rise residential and commercial buildings
State energy commission approves proposal; Could become law in 2023.
Codes and Standards | Aug 25, 2021
Study finds racism, discrimination common in construction industry
NIBS to share best practices with industry leaders to improve worker treatment.
Codes and Standards | Aug 24, 2021
White paper addresses insulated metal panel specifications for roofs and walls
Pertains to provisions of the National Building Code of Canada.
Codes and Standards | Aug 24, 2021
KTGY releases free resource to reduce carbon footprint in multifamily developments
Helps navigate Denver Green Code measures—a series of voluntary codes.
Codes and Standards | Aug 19, 2021
Massive infrastructure bill includes hundreds of millions for building energy efficiency
Funds allotted for updated code implementation, construction technology, K-12 efficiency programs.
Codes and Standards | Aug 18, 2021
Fannie Mae green bonds program could be greenwashing
Analysis shows significant number of green bond properties become less efficient.
Codes and Standards | Aug 17, 2021
Three Texas cities head list of most environmentally vulnerable
Hazard analysis includes natural disasters and government response categories.
Codes and Standards | Aug 16, 2021
Bill would reform New York’s public contracting process
Council on Public Contracting Reform to have contractor representation.
Codes and Standards | Aug 12, 2021
AGC pushes for more environmentally friendly construction
Contractor trade group supports government investment, tax incentives to reduce carbon footprints.