Research & Development

 
It is widely accepted by academics and economists (Porter, 1998) that a key success factor of prosperous cities is the involvement of research centres and that university facilities add to that success.

The architectural form is layered and flexible providing a range of spaces for collaboration. In a given building one might find student labs occupying the ground floor, postgraduate researchers on the next floor and industry on the upper floors. Other spaces are open floor plans for shared workplaces and business incubators/accelerators. In all instances, the built form facilitate an environment where academia and industry can collaborate, live, and turn new ideas and research into realities.

 

The underlying function of the R&D precinct is to:

 

  • Leverage Australia’s existing research strengths

  • Attract global investment for R&D and Innovation

  • Create relationships for market exploitation

  • Attract global innovation companies seeking to engage with Asian counterparts within Western jurisdictions

  • Create a state-of-the-art collaborative precinct, which is enhanced by the unique ICT capability of Australian Education City’s Cognitive City infrastructure.

KEY HIGHLIGHTS:

  • 800,000m² Net Lettable Area (NLA) Research and Development (R&D) floor space to accommodate anchor institutions, industry clusters, start-ups, business incubators, and accelerators.

  • Key industry multinationals as ‘anchor’ tenants to drive industry-specific clusters and to bring existing networks

  • Co-location of R&D elements to promote cross-sectoral and cross- functional collaboration, and provide interpretive spaces for knowledge exchange and discovery

  • A platform to build innovative multi-party partnerships across countries, disciplines and sectors

  • Build local innovation capacity in corporate, government and not-for-profit sectors, and fostering innovation across businesses

  • Lift Australia’s success rate in commercialisation translating research into commercial opportunities

The simple inclusion of R&D facilities in East Werribee alone will not support Australian Education City’s vision. Consequently our Innovation District co-locates both key success factors – research and development, and education.

 

Evidence from overseas indicates that Victoria is ideally placed to make significant international advancements and contributions to research and innovation. Our Innovation District can support advancements through: Attracting and bringing together talented researchers, Enabling researchers with advanced technology and facilities, Fuelling research with funding and facilitating collaboration between researchers, education and industry​ thereby ensuring that talent and capital is retained for the future economic growth of Victoria and Australia.

 

AEC has focused initial research themes (precinct specialisation) on Australia’s research strengths. The first research institutes and university/industry matching will focus on five themes: Food Security & Environmental Sciences, Pharmacology and Translational Pharmacology for botanical-based TCM, Cognitive (Future) City platforms including Smart building and energy functions, FinTech and Financial Markets.

 

The design of our R&D precinct supports the movement of people and ideas between a lively mixed-use research district, adjacent research universities, and the commercial precinct.

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