NPR - FERMENTAS: BOOSTING GROWTH THROUGH SMART SPECIALISATION

Philippa Dawson, Kim Seagram and Tom Lewis

No 345934, 22nd Congress, Tasmania, Australia, March 3-8, 2019 from International Farm Management Association

Abstract: Fermentas is a newly formalised industry cluster, tasked by Food Innovation Australia Ltd to drive industry growth by applying a smart specialisation focus to the skilled production of high- quality fermented food, drink and other products. The Fermentas concept is a world first in terms of exploring the potential of fermentation as a value-add to a region. Fermentas has been established to provide an inspirational physical and intellectual environment to facilitate the development and growth of globally- recognised and world-class businesses. Tasmania’s unique offerings, collaborative entrepreneurs, world-class primary produce, environmental assets and ‘islandness’ provide a unique moment in which to develop a focussed ‘triple helix’ partnership between industry, university and government – adding value through the targeted pooling of resources. By explicitly supporting and promoting collaboration between fermenting enterprises, allied industries, trainers, educators, researchers and government agencies – regionally, nationally and internationally – Fermentas is championing increased innovation, productivity and competitiveness: not by producing more, but by producing differently.

Keywords: Community/Rural/Urban Development; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 13
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma19:345934

DOI: 10.22004/ag.econ.345934

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