NACC has invited Richard Rickett, the Cluster Manager who was involved in setting up and is now running the SubSea Innovation Cluster Australia, to give us a briefing on what a innovation cluster is and the related benefits.
The event will be sponsored by Cooper Partners, and will take place on:
Date: Tuesday 22nd of May, 2018
Time: 17:30 - 20.30 / 5.30pm - 8.30pm
Place: London House Function Room Ground Floor
216 St Georges Terrace, Perth
WHAT IS AN INNOVATION CLUSTER?
An innovation cluster is a group of interconnected organisations – companies, suppliers, service providers and universities that operate in a particular field or industry sector, usually in close geographic proximity to each other. Participants usually have a recognised specialisation within their industry value chain and a critical mass of entities in a regional concentration that can form the basis for triggering cooperation and dynamic relations within and outside of the cluster.
By aggregating their expertise, technologies, specialised resources, capital and knowledge, innovation cluster members can share advantages, including new partnerships, collaboration and fast exchange of knowledge, which fosters innovation and new ways of doing business.
Advantages include:
Collaboration
Structured collaboration between entrepreneurs, industry, research & academia to solve industry challenges
Strong collaboration with international centres of expertise
Independent
A non-partisan, not-for-profit entity driving collaboration & innovation
Consistency
A consistent approach to addressing local industry challenges
Solutions Oriented
Practical research delivering practical solutions to industry challenges
Sustainability
Development of a strong local supply sector supporting the industry