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R&D magnets

Organizations that perform translational R&D that impacts the district’s ecosystem.

How R&D magnets impact innovation districts

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. R&D magnets advance innovation ecosystems as they possess the talent, technologies and ground-breaking processes that are magnetic to corporates and start-ups.

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

Related resources

Leveraging R&D strengths

Choreographing “Creative Collisions” and Collaborative Innovation During COVID-19

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This session explored strategies for fostering collaboration and innovation during COVID-19 through intentional planning, hybrid formats, and community engagement.
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Who advances districts?

 

 

R&D intensive actors

Universities & medical institutions, R&D magnets, Companies

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Ecosystem builders

Accelerators and incubators, Other types of intermediaries, New kinds of anchors

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Investors

Governments, Philanthropists, Real Estate Developers, Other investors

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Mission-driven organizations

Mission-driven organizations

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