Inc. magazine article spotlights benefits, requirements of an innovation district
Inc. magazine notes that cities vying for entrepreneurial parity with San Francisco, New York, and Boston are engineering their own centers of gravity.
In this article which cites Chattanooga, the author notes that the “commonly labeled innovation districts . . . (are) urban campuses (that) pack in start-ups and mature companies alongside accelerators and co-working facilities; universities and medical centers; coffee shops, food trucks, and outdoor spaces. The operating principle is density. Ideally, smart, creative people bounce off one another in serendipitous ‘creative collisions’ that produce new ideas, relationships, and ventures.