Theory and Practice of Knowledge Precincts
Global knowledge economy placed innovation at the heart of urban development as innovation clusters of cities significantly contribute to the economic and societal development of these locations. A knowledge precinct is in most cases an urban cluster that knowledge is generated, exchanged and marketed by talented knowledge workers. The contemporary practice moves from work focused knowledge precincts—e.g., science and technology parks, innovation parks—multi-activity focused knowledge community precincts—i.e., work, live, play, and cyber. The term is used interchangeable to the popular innovation districts or knowledge or creativity hubs. This chapter concentrates on the theory and practice of knowledge precincts and generates useful information to improve our understanding on this new land use form.
KeywordsKnowledge-based urban development Knowledge city Smart city Sustainable urban development Knowledge and innovation spaces Knowledge precinct Innovation district Place making
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