Massachusetts Institute of Technology is involved in one of the world's best known innovation ... [+] districts, at Kendall Square, Cambridge, Massachusetts. True, such places — in the form of serviced offices or shared workplaces in cafes and the like — predate the virus. The authors — management consultants at Arthur D Little working with Simon Pringle, director at Steer Economic Development, another consultancy — list various factors that must be in place if innovation districts are to be distinguishable from science and business parks. On top of this, business executives, university leaders and representatives of local government need to concentrate on various issues. For business leaders the challenges include:

Source: Forbes July 31, 2021 06:56 UTC