The Innovation Economy – Implications and imperatives for states and regions

By NEVILLE STEVENS | 20 August 2018

Earlier this year the NSW Innovation and Productivity Council commissioned a report on the ‘innovation economy’ by The Business of Cities advisory group – to provide a contemporary picture of the innovation economy, to understand the current trends, learn from leading innovation regions and guide the Council’s forward work program.

The innovation economy describes what happens when new generations of technologies and business models emerge at unprecedented speeds and scales to disrupt existing sectors, create new products and processes, and foster advanced and high-growth industries.

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