Australia already possesses many of the institutional building blocks for a coordinated approach to place-based innovation. CSIRO, the National Reconstruction Fund, the Industry Capability Network, and the Net Zero Economy Authority all operate with distinct mandates and capabilities. The challenge is whether they can be aligned for shared regional and sectoral objectives. This Insight examines how coordination across these institutions could reshape innovation ecosystems and

The Handbook of Innovation Ecosystems provides a framework for charting a course for Australia to “move from fragmented, project-based initiatives to a coherent, adaptive, strategically integrated innovation system”. It will be of assistance to the Minister for Industry and Innovation and Minister for Science Tim Ayres as he is faced with expectations of transformative action in a ‘budget neutral’ funding environment.