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Area of Innovation

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"Areas of innovation" are places designed and curated to attract entrepreneurial-minded people, skilled talent, knowledge-intensive businesses and investments, by developing and combining a set of infrastructural, institutional, scientific, technological, educational and social assets, together with value added services, thus enhancing sustainable economic development and prosperity with and for the community. 

There are many different models of areas of innovation (also known by the acronym AOIs)– spanning from the broader city or region model with innovation activities in different locations within the area, to more place-specific projects like innovation districts, knowledge quarters, science parks, innovation hubs and the like. As a common feature they all have a management team tasked to execute a strategy conducive to growing innovation activity in the area.

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