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Abstract

Regional entities in pursuit of prosperity have unique elements that can strategically come together to penetrate business innovation in micro and small businesses. This paper summarises the evolution of the Innovation Centre Sunshine Coast (ICSC) as a vehicle that has proven successful in addressing the interface between a regional university and high growth firms within a knowledge-based economy. It includes primary research into the opinions and priorities of its incumbent tenants. The paper construes, based on both literature and the experience of the ICSC, that there are some fundamental principles and guidelines that can maximise the chances of success for comparable ventures elsewhere.

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