No investment in innovation can occur without first understanding where in our city innovation is already happening and the factors that are contributing to it.  Sydney Business Chamber has been pleased to collaborate with Deloitte in the delivery of ImagineSydney: Create as it identifies Sydney’s innovation hotspots and how we can better activate them.

Our collaboration builds on our 2014 Thinking Business: Industry-Research Collaboration Project, which identified practical solutions to improve the conversion of Australia’s considerable research expertise into commercial success – a theme that is picked up strongly in this current report.

Positively, while Create reinforces the strength of some of Sydney’s key innovation centres such as Pyrmont and Macquarie Park, green shoots of collaborative activity are occurring in less recognised areas such as Rydalmere and Turrella. As identified in Create, these newly identified areas benefit greatly from their proximity to university campuses, logistics centres and major infrastructure – reflecting the influence location has on the emergence of new innovation.