Policymakers, business strategists, innovation professionals, and researchers are increasingly being asked to invest in, create, or replicate innovation ecosystems. Until now, a clear framework for understanding what ecosystems are, how they function, and what enables their success has been largely missing, particularly in Australia. The Handbook of Innovation Ecosystems: Placemaking, Economics, Business, and Governance, just published by the Acton Institute for Innovation,

Australia’s Rural R&D Corporations are rightly celebrated, but the system around them needs to evolve. This Innovation Insight reframes agricultural policy not in terms of who holds power—but what functions the system must perform to meet today's national challenges. A future-focused rethink from CSIRO’s Food System Horizons.