EDA Journal Vol 12. No.1 Autumn 2019 | Page 5

ECONOMIC DEVELOPMENT QUARTERLY This edition of the Journal also includes an article by two of our EDA Study Tour Scholarship recipients. Paul Johnson from Wellington Shire Council travelled to NZ and the US on an EDA Study Tour Scholarship to examine how celebrated tech hubs in NZ and the US foster collaboration to achieve digital innovation. Bruce Marshall from Melton City Council visited Japan as part of his EDA Study Tour Scholarship and his article provides insight into Japan’s demographic paradigm and the impact it is having on the traditional economic and social models. FROM THE CEO It is my pleasure to introduce this edition of Economic Development Australia’s (EDA) Journal. We are always grateful to the practitioners and organisations who contribute to the Journal, which continues to be a popular on-line resource for professionals working in economic development across Australia. Information regarding submitting an article for the future editions can be found here. A consistent theme of this edition is collaboration as a driver for innovation. Many of our authors cite clusters as an effective method of achieving connectivity and facilitating competitiveness. The Journal illustrates that economic development professionals should be supporting innovation and enterprise by building physical and social connections within their communities. Keenan Jackson from .id the population experts presents the rise of knowledge-based industries as re-establishing the exploration and encouragement of clusters. Keenan presents a compelling argument that clusters are far more than simple agglomerations and explores the importance of collaboration between the key players as the key to driving innovation. Similarly, Paul Tero builds on the concept of creating a local knowledge economy cluster and succinctly summarises the conditions that are required to see this collaboration flourish. Ray Tiernan shares his timely reminder to economic development practitioners to build strong engagement with the local professional sector when undertaking economic development or retail strategy, place making, Dr Elizabeth Perkins’ article outlines the potential development of a bio hub for the Limestone Coast region in South Australia. Businesses and governments gathered in Mt Gambier late last year to examine the opportunities around biomass, bioenergy, the bio economy and bio hubs. This edition also provides a fascinating glimpse into a unique place making project concerning the activation of sites within the UNESCO World Heritage area of the Citadel of Hue thanks to Teresa Lever’s article on page 26. Finally, Sasha Lennon and Roger Gibbons share some practical tips to ensure economic development professionals understand how to help regional areas capture a fair share of Australia’s growing visitor economy and, more importantly, grab a bigger slice of the pie! Many thanks once again to all our contributors. We hope you enjoy this edition. Kind regards, Jacqueline Brinkman Chief Executive Officer, Economic Development Australia Ashton de Silva presents a Hierarchical Cluster Analysis to illustrate the economic impact of creative activity. Ashton’s research provides a fascinating insight into the density and distribution of creative capital in Australia. VOL.12 NO.1 2019 | 5