There are many active and planned innovation precincts in Australia.
Successful innovation precincts:
Based on research and consultation, the Statement of Principles for Australian Innovation Precincts provides best-practice advice to drive successful development of innovation precincts.
The statement emphasises the importance of:
State and territory governments agreed to the principles at the COAG Industry and Skills Council meeting in April 2018.
Our stocktakes of Australian innovation precincts and supporting government programs supplement the Statement.
Innovation precincts are more likely to succeed when local leaders work with businesses, universities, science agencies, and governments to build on local strengths.
The Australian Government will work with innovation precinct leaders, state and territory governments, to promote best practice. The Government will:
Last updated: 8 December 2020
Content ID: 45426