The Dutch city of Eindhoven has created new ventures and fostered the city’s economic development by shifting from a dominating industry-government to a growing relationship between university-industrygovernment. An inevitable change after the DAF company closed and Philips moved its manufacturing to China leaving major unemployment behind. The so called Triple Helix approach has brought new opportunities for Eindhoven.
With the set-up of a stimulation fund to create new businesses, the city could transform the crisis that emerged in the early 90’s: The so-called Brainport Eindhoven focuses on solving social issues, developing technologies that change live – hence, providing business and jobs. Knowledge intensive companies establish in that smart city area, connect and collaborate with designers. Empty buildings of former factories are now inhabited by mostly start-up companies creating a thriving international community. In the ‘light city’ of the Netherlands, so named due to the presence of the famous light bulb manufacturer and later electrical products
giant Phillips the collaboration initiative has proven to be successful. While smart technologies can improve life for its inhabitants and create interesting new opportunities,