INNOVATION DISTRICTS AS DRIVERS OF CITY BRANDING

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Rotterdam Science Tower

THE URBAN CAMPUS

INNOVATION DISTRICTS AS DRIVERS OF CITY BRANDING Five Success Factors of Effective Place Branding Rinske Brand, Founding Partner at BRAND - The Urban Agency 16

TREND REPORT 2019

Innovation Districts are of great value conjure up totally different associations and to urban renewal, not only in terms of hence appeal to very different people. spatial and economic redevelopment, but The strategic positioning of places is in line also with regard to the enrichment and with the positioning of products. Robert empowerment of the image of the city Govers and Frank Go (2009)[2] define the in question. Conversely, the overarching development of place brands as ‘the city brand can add to and accelerate the process of discovering, creating, developing success of an Innovation District. In this and realising ideas and concepts for (re) process, strategic place branding – turning constructing place identities, their defining a place into a brand – is of great value. traits and “genius loci” and subsequently In this article I will discuss the emerging building the sense of place.’ place branding discipline in depth. From a number of practical examples I will distil A place that draws you in five success factors that underlie successful A good place brand is distinctive, authentic place and city branding. and relevant; it is easy to remember and furthermore appeals to the right people. New Energy in the City When everything clicks, this creates a clear Clustering innovative entrepreneurs and sense of place: the unique vibe of a specific education and research institutes in an place, a place people want to be part of. Innovation District is a proven method of When an Innovation District is sharply focused bringing new energy to a city. With the arrival on its distinguishing and unique features, of new, often young and highly educated prospective visitors will receive the right residents and users in a certain area the city message and have the right expectations. gains expertise, spending power and vigour. If Properly publicized, Innovation Districts properly positioned, however, the Innovation will draw the right target groups. And this District can also contribute to the reputation ultimately benefits the entire city. of the city as a whole. After all, more and But how do you achieve a successful place more cities are presenting themselves as brand that supports the city brand and vice innovation hubs and ideal locations for versa? Below, I will present five success start-ups and scale-ups. Local initiatives factors on the basis of four cases. help them flesh out that promise. Of this, LX Factory in Lisbon, Station F in Paris and Where Thinking Joins Up Silicon Allee in Berlin are striking examples. The London KQ, or Knowledge Quarter, is Communities and a lively programme of a consortium that now includes 85 worldevents and activities develop around these renowned academic, cultural, research, physical locations. scientific and media organizations all based around King’s Cross Station, from the British Approaching a Place like a Brand Library and the University of London to Google. To draw the right people, it is important for a What they have in common is that they are place to develop a clear vision and a distinct actively engaged in the advancement and identity. Or, as Simon Anholt put it crisply dissemination of knowledge. Together they even in 2006[1]: ‘In today’s world every place form the largest concentration of knowledge has to compete with every other place for institutes in London. As a research hub, its share of the world’s consumers, tourists, the Knowledge Quarter generates mutual business, investments and attention.’ This connections and promotes KQ activities. is why it is useful to approach places like Through a joint strategy including festivals, a brand, that is: provide them with sets of awards and events the KQ expresses and (positive) associations like the ones evoked underlines the brand proposition that KQ by products or companies. Brands showcase is the ‘gateway to knowledge’. This way, the what distinguishes them from competitors Knowledge Quarter supports the brand and inspire brand loyalty in certain groups on ‘London’. The identity of the city is partly the basis of specific core values. Car brands held up by cultural and scientific pillars. It is such as Volvo and Tesla, for example, each no accident that some of the world’s most

[1] S. Anholt, Competitive Identity: The New Brand Management for Nations, Cities and Regions, 2006 [2] F. Go, R. Govers, Place Branding: Glocal, Virtual and Physical Identities, Constructed, Imagined and Experienced, 2009

In today’s world every place has to compete with every other place for its share of the world’s consumers, tourists, business, investments and attention

TREND REPORT 2019

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