Infrastructure and innovation
Infrastructure and innovation
new limits to growth
The stimulus packages since 2009 have not generated as much infrastructure investment as anticipated, despite convincing evidence that before 2008 there was a significant investment deficit. The same can be said for innovation for cities. What’s the problem? Reluctant to act, governments trusted markets to shape demand, assuming that supply would follow. Each sector looks after itself, but the whole is less than the sum of the parts. Innovation as an urban activity, and to improve cities, suffer from similar handicaps. In any case both innovation and infrastructure will call for changes to cities as they are, highlighting the need to make cities more easily adaptable. Yet governments, having downgraded strategic planning for years, seem unable to generate a vision of the future of cities which could generate innovation and the investment to incorporate innovations into everyday life.
Keywords: Infrastructure, Innovation, Sources of growth, planning
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