www.innovationdistricts.org Introduction & Contents Regional - - PowerPoint PPT Presentation

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Nov 20, 2023 48 likes •238 views

www.innovationdistricts.org Introduction & Contents Regional Innovation System of the W.C. Some theory The Stellenbosch Innovation District Building the Regional Innovation System Economy Wide ( Macro level Policy)

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www.innovationdistricts.org

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Introduction & Contents Regional Innovation System of the W.C. Some theory… The Stellenbosch Innovation District

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Building the Regional Innovation System

Economy Wide (Macro level

Policy)

Sectoral/ Cross Sector

(Focus on each sector/ clusters)

Niches/ Novelty / Radical

(Support for specific R&D programmes)

Spatial Innovation/

Entrepreneurship (Creating innovation spaces)

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Regional Innovation System Networks

 Competiveness and the Resources-based view of the firm  Absolute vs. Relative Proximity  Institution building & intermediaries  Top down & bottom-up approach  The SID as example

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Stellenbosch Innovation District

The Stellenbosch Innovation District is an innovation exchange and showcase space for sustainable economic growth Goal is to transition Stellenbosch into a SMART & Sustainable town by 2020

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Infrastructure constraints Mobility issues Local economic development Socio-economic inequality

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Lack of entrepreneurial support Budget constraints Limited resources Environmental threats

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World class university Strong business community Skilled & passionate people Dedicated local leadership

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The (SID) as a Catalyst for Regional Economic Growth:

1. TURNING CHALLENGES INTO OPPORTUNITIES

 Innovation Voucher System  Research for business support and competitiveness

2. CONNECTING PEOPLE FOR PROFIT

 Online web portal for connecting innovation actors, entrepreneurs and investors  Innovator clubs in Clean-tech, Agriculture & ICT  The Lion’s Den & Hall of Fame

3. SHOWCASING STELLENBOSCH AS A SMART &

SUSTAINABLE TOWN

 Implementing SMART Projects in Stellenbosch  SMART Projects timeline

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SID Business & TP 2012 13

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Implementing innovations for a SMART town

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15 Transforming Technopark Now

World-leading sustainable city, 6.5 km2; 90 000 Live & Work; 100% based on renewable energy Zero carbon balance Close to zero waste Car-free

Driving Elements: university - , special economic zone, residential, leisure & complementary components, integrated sustainable infrastructure MASDAR (SUSTAINABILITY RESEARCH INSTITUTE)

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Our Homepage

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Thank you for your time & support!

Prof. Alan Brent acb@sun.ac.za