Regional Innovation Hubs Must be Scaled to Drive Economic Innovation
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In Regional Innovation Hubs Must be Scaled to Drive Economic Innovation, US Ignite details a path for achieving sustainable small and mid-sized community economic growth. The paper cites examples of regional investment from the European Union and China’s Belt and Road Initiative, while pointing to domestic examples of success, such as the Chattanooga Innovation District, Cortex Innovation Community in St. Louis, MO, the National Science Foundation (NSF)’s Regional Innovation Engines, and the Economic Development Agency (EDA) Regional Technology and Innovation Hubs. US Ignite finds that investing in regional innovation hubs spurs economic growth, job creation, and resilience.
US Ignite also identifies recommendations, challenges, and mitigation steps for U.S. agencies, such as the establishment of community-led working groups and collaboration with external coaching partners to identify funding opportunities that can help enable sustainable growth.
