This article reviews The Handbook of Innovation Ecosystems , detailing its "four-domain convergence framework" . It argues that successful ecosystems are not accidental but require the deliberate, long-term integration of Placemaking, Economics, Business, and Governance . It provides a practical guide for policymakers and practitioners to move beyond rhetoric and build durable, inclusive innovation capacity .

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,