Introducing MyPlaceMatters

MyPlaceMatters: A One-Stop Resource for Place-Based Economic Development I am thrilled to announce the launch of a new website. MyPlaceMatters is a resource for anyone working in local and regional areas to develop the economy, create jobs and improve the quality of life. Where we live, work, invest, and grow affects who we are. It…

Supporting city and local government innovation

City and local government authorities can be more innovative in the way they work, share data and stimulate local innovation. Characteristics of innovative local governments While there is no single pathway to success, there are characteristics that high-performing city and local governments share: First, innovative city and local government authorities make sure that very different…

Making places for innovation; lessons from Mexico City

While the national buzz around innovation in Australia appears to have somewhat subsided, there is growing evidence of the role local actors can play in stimulating innovation. Local innovation ecosystems nurture private and public innovation. National policy frameworks are important, but state and local initiatives have a major role to play. Innovation goes beyond the…

Growing WA through Innovation – A Response

Growing WA through Innovation is a report of the Economics and Industry Standing Committee of the Legislative Assembly. Released on 30 June 2016, it presents the Committee’s findings of its inquiry into the ways technological and service innovation can be fostered to expand and diversify the Western Australian economy. The report provides an extensive review of…

Australian government scraps Repeal Day: Is business reform a political stunt?

The Australian Government’s decision to its scrap Repeal Day (I’ve written about this before: here, here and here) initiative after two years raises some interesting questions: Does red-tape reduction and improvement in regulatory quality require a specific day or event? How can government manage a continuous regulatory reform process connected to broader ambitions such as…

The Value of the Micro-Business Sector

Small business is often touted as the engine of growth. But what of the smaller segment of this sector, the micro-business sector? A recent publication of the RSA caught my eye. Entitled ‘The Second Age of Small’ this report by Benedict Dellot (June 2015) considers the economic impact of micro businesses in the UK. There…

Two centres for social innovation

Creating physical and virtual centres for the promotion of social innovation appears to be an emerging trend. Here are two examples. In Toronto, Canada, the Centre for Social Innovation (CSI) is a Toronto-based social enterprise with a mission to catalyze social innovation. CSI’s shared workspace model offers office amenities to initiatives that are typically under-resourced, increasing social capital and connecting…

The enabling city: places of social innovation

“Social innovation thrives on the ideas and efforts of social entrepreneurs and creative individuals whose socially conscious work contributes to environmentalism in a variety of ways”, writes Chiara Camponeschi in her 2010 e-book, The Enabling City; Place-Based Creative Problem-Solving and the Power of the Everyday. Here, the sources of innovation are found in “the most unlikely (according to some)…

Recipes for growth, democracy (entrepreneurship and innovation) in an increasingly integrated world economy

BOOKS REVIEWED Dani Rodrik (2007) One economics, many recipes; globalization, institutions and economic growth, Princeton University Press, Princeton Dani Rodrik (2011) The globalization paradox; why markets, states and democracies can’t coexist, Oxford University Press, Oxford Dani Rodrik is the Rafiq Hariri Professor of International Political Economy at the John F. Kennedy School of Government, Harvard…