Policies, Plans and Metrics
Edited by Tan Yigitcanlar, Kostas Metaxiotis and Francisco Javier Carrillo
Chapter 18: Comparing: Knowledge-based Urban Development of Vancouver, Melbourne, Manchester and Boston
Tan Yigitcanlar INTRODUCTION In the 21st century, the demand for knowledge capability diminishes the significance of material factors, resulting in a new era dominated by knowledge. Particularly in this era of the knowledge economy, knowledgerelated activities, including creativity as a tacit knowledge form, have become central to creating employment and wealth, sustaining economic growth, and place-making (Friedmann, 2010). In the global knowledge economy, knowledge-intensive industries and knowledge workers are extensively seen as the primary factors needed to improve the welfare and competitiveness of cities. To attract and retain such industries and workers, cities produce knowledge-based urban development (KBUD) strategies, and this strategizing has become an important development mechanism for cities and their economies. Beyond this, KBUD is also being seen as the development pathway of the emerging knowledge cities (Yigitcanlar et al., 2008b). The process of planning and implementing KBUD approaches is neither quick nor simple. This is already understood by the research community, which has begun to concentrate its efforts on developing appropriate frameworks, methodologies, tools, systems, and metrics in the last few years. Taking into account these developments in the field, this chapter discusses the critical connections between knowledge city foundations and integrated KBUD mechanisms. In particular, the chapter develops a conceptual understanding of KBUD that supports knowledge city formation and generation, as well as attraction and retention of investment and talent. Following this, the chapter introduces a KBUD assessment framework developed to provide a clearer understanding of the local and regional policy frameworks, and 327 M2783 -...
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