Research and development magnets

A natural and positive progression of innovation ecosystems is what we describe as highly specialized R&D magnets—unique innovation institutes or centers that possess talent, technologies and ground-breaking processes, and are magnetic to corporates and start-ups.

R&D magnets are research-intensive organizations, which can be an integral part of an anchor institution or a separate entity. Their core mission is to advance translational R&D at a scale that impacts the district’s innovation ecosystem. This includes corporate centers of excellence, denoting areas of research specialization and translation.

GIID maps and categorizes R&D magnets across districts to understand their translational capabilities and their likely attraction to companies within specific sectors.