Successful innovation districts achieve integration across four critical domains: placemaking that treats public spaces as economic infrastructure, economic development based on systems thinking, commercial frameworks that align public and private interests, and governance institutions with clear mandates and adequate resources. Cities should treat innovation district development as a complex system requiring integration across multiple domains and timeframes.

In today’s constrained fiscal environment, governments are rightly asking hard questions. Why should public funds support innovation districts and precincts unless there is clear evidence of productivity uplift, industry renewal, or public benefit? This Insight explores the economic, industrial, and civic value of innovation ecosystems. It argues for a shift in focus—from short-term outputs to long-term productivity gains. It also offers a practical framework for measuring wh

John H. Howard, 15 April 2025 This Insight explores the growing significance of innovation ecosystems in driving economic transformation...