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Suggestions that we can grow the Aukland, NZ economy by encouraging business into the central business district (CBD) in the interests of innovation do not reflect the weight of experience.  Sure, higher order professions have tended to concentrate there, and become relatively more important as manufacturing, retailing, and distribution have decamped.  And in Auckland, at least, tertiary education has become a major player in the CBD.  University employment has boosted the scientific as well as education sector.

But much as introductions might be made and ideas swapped over coffee, the real capacity to bring innovation to fruition belongs in the workshops, laboratories, production lines, and sales office of real companies.

 

To read the full, original article click on this link: Growing a Productive Urban Economy | Newgeography.com

Author:Phil McDermott