Adelaide entrepreneur Michael Zerman claims that a Silicon Valley-like confluence of cultural factors predisposes Adelaide's Rundle Street precinct to be a hotbed of innovation.
Mr. Zerman states Adelaide has many local companies with a "Rundle Valley association, history or pedigree" including Hostworks, Maxamine, Rocksoft, Imagination, Scott Hicks' film ventures, Internode, the Chimo financial transaction gateway, CarbonPlanet, Kojo, Anifex, Zork, the YellowTail wine label, ViaMedia and Wakefield Press.
In a public paper responding to Terry Cutler's report, Venturous Australia - Building Strength in Innovation, Mr. Zerman asserts that Cutler's report underplays the importance of cultural factors in fostering innovation. "As a local response to Cutler, I'm positing a geographical and cultural model of innovation that focuses on the "Rundle Valley" experience," Mr. Zerman writes on his blog at www.zerman.net.
South Australia's Premier Mike Rann will open a new biotechnology incubator in Adelaide's inner west suburb of Thebarton on Thursday, October 23.
The BioSA Business Incubator is located at the Thebarton Bioscience Precinct, 40–46 West Thebarton Road, Thebarton.
SA claims a dynamic bioscience industry based on a strong tradition of medical and agricultural research that drives commercial opportunities. To build on these opportunities, the State Government established Bio Innovation SA, a bioscience industry development organisation that provides business development, finance, infrastructure and marketing assistance. More at http://www.bioinnovationsa.com.au/