The geography of innovation is shifting and a new model for innovative growth is emerging. In contrast to suburban corridors of isolated corporate campuses, innovation districts combine research institutions, innovative firms and business incubators with the benefits of urban living. These districts have the unique potential to spur productive, sustainable, and inclusive economic development.
On September 9, 2014, Brookings Vice President Bruce Katz presented a keynote to the San Francisco Chamber of Commerce's annual ForeCast SF event.
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
The Rise of Innovation District - ForeCastSF
1. THE RISE OF INNOVATION DISTRICTS
A New Geography of Innovation in America
ForecastSF
San Francisco, CA
September 9, 2014
@Bruce_Katz
#InnovationDistricts
7. Our open, innovative economy craves proximity and extols
integration.
Our diverse population is demanding more and better
choices in where they live, work, and play.
8. Married couples with children
represent under 20% of
households, down from
40% in 1970
Walking access to bus stop is
most desired amenity for
older Americans
40% of millennials prefer
cities, versus only 28% of
Americans as a whole
Altered family structure Older Americans Millennials
9. Our open, innovative economy craves proximity and extols
integration.
Our diverse population is demanding more and better
choices in where they live, work, and play.
These trends revalue cities and “cityness.”
10.
11. Innovation
District
In• no• va• tion
Dis •trict
Geographic area where anchor institutions and
companies cluster and connect with small firms,
start-ups, business incubators and accelerators.
Physically compact, transit-accessible, and technically
wired, they offer mixed-use housing, office and retail.
12. “For each new high-tech job in a metropolitan
area, five additional local jobs are created
outside of high tech in the long run.”
- Economist Enrico Moretti in The New Geography of Jobs
13. Anchor-driven in
midtown/downtown areas
Within or near waterfronts
or other old industrial areas
Innovation District Models
Urbanized Science Park
Outside of the city core where
suburban parks are urbanizing
Anchor Plus
Re-imagined Urban Area
14. Cambridge - MIT
Philadelphia - University City
St. Louis - CORTEX
15. Seattle - South Lake Union Brooklyn - Navy Yard
Boston - Seaport
24. Physical
Assets
Barcelona City Council. Area of Economy, Business and Employment Source: Downtown Detroit Partnership Office Source: High Tech Campus Eindhoven
32. MISSION BAY
Base map by Stamen Design, maps.stamen.com
San Francisco, CA
MISSION BAY
SAN FRANCISCO BAY
33. MISSION BAY
Base map by Stamen Design, maps.stamen.com
San Francisco, CA
UNIVERSITY OF CALIFORNIA,
SAN FRANCISCO
SAN FRANCISCO BAY
34. MISSION BAY
CALIFORNIA INSTITUTE
FOR REGENERATIVE MEDICINE
Base map by Stamen Design, maps.stamen.com
San Francisco, CA
NEKTAR
FIBROGEN INC
BAYER CoLABORATOR
CELGENE
ILLUMINA
SAN FRANCISCO BAY
ROCK HEALTH
THIRD ROCK VENTURES
ARCH VENTURES
GLADSTONE INSTITUTES
CLOVIS ONCOLOGY
35. MISSION BAY
BAYER CoLABORATOR
CALTRAIN
to SAN JOSE
Base map by Stamen Design, maps.stamen.com
San Francisco, CA
UCSF
NEKTAR
FIBROGEN INC
CELGENE
ILLUMINA
CALTRAIN
CALIFORNIA INSTITUTE
FOR REGENERATIVE MEDICINE
ROCK HEALTH
THIRD ROCK VENTURES
ARCH VENTURES
GLADSTONE INSTITUTES SAN FRANCISCO BAY
CLOVIS ONCOLOGY
36. MISSION BAY
BAYER CoLABORATOR
CALTRAIN
to SAN JOSE
Base map by Stamen Design, maps.stamen.com
San Francisco, CA
UCSF
NEKTAR
FIBROGEN INC
CELGENE
ILLUMINA
CALTRAIN
CALIFORNIA INSTITUTE
FOR REGENERATIVE MEDICINE
GLADSTONE INSTITUTES
ROCK HEALTH
THIRD ROCK VENTURES
ARCH VENTURES
CLOVIS ONCOLOGY
SAN FRANCISCO BAY
CALIFORNIA INSTITUTE FOR
QUANTITATIVE BIOSCIENCES
39. 1 Create Your Network
Government Metropolitan Network
40. 1 Create Your Network
Mayor
South Waterfront
Boston
UC
Science
Center
University City
Philadelphia
RTP
Foundation
Research Triangle Park
Raleigh/Durham
41. 2 Set Your Vision
Economic
Assets
Networking
Assets
Innovation
Ecosystem
Physical
Assets
42. 2 Set Your Vision
KENDALL SQUARE
Source: Boston Redevelopment Authority
BOSTON HARBOR
CHARLES RIVER
SEAPORT
43. 3 Strategies for Success
TALENT AND
TECHNOLOGY
Seattle
INCLUSION AND
EQUITY
Philadelphia
Mantua
Promise Zone
CAPITAL AND
INVESTMENT
Detroit
Invest Detroit
44. THE RISE OF INNOVATION DISTRICTS
A New Geography of Innovation in America
ForecastSF
San Francisco, CA
September 9, 2014
@Bruce_Katz
#InnovationDistricts