1. Generating innovation from knowledge

Melbourne will develop a broad-based knowledge culture where learning communities, the knowledge economy and innovation are valued as vital to improving our quality of life. We will draw on the municipality's diversity range of people, institutions and rich cultural assets to generate innovation.

Successful knowledge cities such as Boston and Manchester have a strong culture of investment in the creation of institutions of knowledge and research through civic entrepreneurship. Civic entrepreneurs are formal and informal leaders from all sectors - government, business and community who dedicate themselves to community initiatives. They identify projects, engage and enthuse others, use resources in inventive ways and secure financial investment. The recently established Office of Knowledge Capital will be an important facilitator of this culture in Melbourne

Deployment and commercialisation of knowledge generated in research and development institutions remain of vital importance. Innovation can also involve other, more flexible approaches; while not necessarily involving patentable knowledge, non-institutional innovation will foster a dynamic business community.

We will have a vital culture of innovation; creative learning communities; and public recognition and celebration of Melbourne's knowledge culture to accelerate the cycle of success and bring international recognition.

Goal Indicator Outcome

Culture of innovation

Develop a vital culture of innovation in the city's knowledge economy

Target: top 10 most innovative global cities

Current: 2007 Melbourne ranked 8th out of 95 global cities for innovation 1

Melbourne is a centre of innovation and has an international reputation as an innovative environment and economy. Innovation is valued as an important contributor to our culture.

Creative learning community

Develop a creative learning community throughout the municipality.

Indicator to be developed such as the Canadian Composite Learning Index 2 All the communities of Melbourne have access to learning opportunities and we develop as a creative learning community.

Reputation for knowledge culture

Develop Melbourne's knowledge culture reputation abroad as one of the world's leading knowledge cities.

Position on the World Capital Institute Most Admired Knowledge City 3

Target: indicator to be developed.

Current: indicator to be developed.

Increased recognition, value and celebration of Melbourne's knowledge culture and identity as Knowledge City

Relevant global city ranking

See also


1 : 2thinknow Global Innovation Review 2007 Innovation City Rankings

2 : Canadian Composite Learning Index

3 : World Capital Institute (2007) Most Admired Knowledge City

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Topic revision: r105 - 28 Jul 2008 - 12:33:06 - SarahLowcock
FMPlan.S2G4P1BuildBroadBasedKnowledgeCulture moved from FMPlan.S2G4P1BuildABroadBasedKnowledgeCulture on 18 Jun 2008 - 13:25 by DaleBowerman - put it back