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Adelaide entrepreneur Michael Zerman claims that a Silicon Valley-like confluence of cultural factors predisposes Adelaide's Rundle Street precinct to be a hotbed of innovation.

Mr. Zerman
states Adelaide has many local companies with a "Rundle Valley association,
history or pedigree" including Hostworks, Maxamine, Rocksoft, Imagination,
Scott Hicks' film ventures, Internode, the Chimo financial transaction gateway,
CarbonPlanet, Kojo, Anifex, Zork, the YellowTail wine label, ViaMedia and
Wakefield Press.

In a public paper responding to Terry Cutler's report, Venturous
Australia - Building Strength in Innovation, Mr. Zerman asserts that
Cutler's report underplays the importance of cultural factors in
fostering innovation. "As a local
response to Cutler, I'm positing a geographical and cultural model of
innovation that focuses on the "Rundle
Valley" experience,"
Mr. Zerman writes on his blog at www.zerman.net.

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