Creating Innovation Hubs

By • on October 6, 2015

The News and Observer website noted that over the past 50 years, innovation has been traditionally fostered in corporate campuses and suburban corridors, such as Silicon Valley and Research Triangle Park, that have been relatively isolated and accessible only by car. But there is a new model of innovation emerging: one in which leading-edge anchor institutions (such as universities) and companies connect with start-ups, business incubators, and accelerators in physically compact, transit-accessible, and technically wired communities that offer a mix of office, housing, and retail. Communities that embrace this “open innovation” economy stand the greatest opportunity to win the war for talent and build a globally competitive edge.

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