Brisbane’s achievements in innovation have been demonstrated in a new scorecard released by the Lord Mayor, Campbell Newman.
Cr Newman unveiled the initiative at the Lord Mayor’s Leaders of Innovation event, Enable 2010, held recently, saying it was an important measure of the city’s innovation footprint and highlighted its achievements in key industries.
“This initiative positions Brisbane as driver of innovation, both at home and internationally,” Cr Newman said.
“The Scorecard will help showcase Brisbane as a prosperous, entrepreneurial city and further strengthen our reputation as Australia’s new world city.”
Scorecard lists achievements
He said the Scorecard included the aggregated results of a survey designed to highlight the importance of innovation to businesses and industries and promote Brisbane as an enabler of innovation.
Event organisers said the Scorecard would recognise and reward companies, businesses and individuals who demonstrated excellence in innovation and contributed to Brisbane’s long-term economic growth.
They said the Scorecard would measure innovation and its effects on growth, productivity and the region’s economic prosperity.
A survey of 100 Brisbane businesses would be held with the results providing a measure of innovation with a specific focus on utilities, infrastructure, mining services and manufacturing industries.
Executive Dean of the University of Queensland Business School, Tim Brailsford said cities must become centres of innovation to address issues of energy efficiency, water use, transport, and affordable accommodation, as well as for business purposes.
“The inaugural Brisbane Innovation Scorecard shows the vibrancy of this city as a hub of innovation across all sectors of the economy,” Professor Brailsford said.
“Successful innovators are found in mining, utilities, infrastructure, manufacturing, and food processing industries - not just in biotech and IT,” he said.
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