The CSIRO has identified a "triangle super-cluster" of innovation in Canberra (CSIRO, p. 35, 2023). The points of the triangle are Belconnen, Phillip and Canberra Airport, with Civic is the center. Previously in 2015, I identified a much more concentrated "Canberra Start-up Business Boomerang", on the eastern edge of the Australian National University campus.
The report argues that co-location is important, citing Silicon Valley, and Cambridge UK.
"The Canberra triangle super-cluster is the workplace for 19,362 workers in digital occupations representing 3.3% of the national digital workforce. We estimate it contains the headquarters of 2 digital technology companies listed on the ASX with a combined market capitalisation of $60.14 million as of January 2023."
However, the Australian examples are much less concentrated, than the USA, or UK. Segal Quince & Partners (1985) explored in detail the way the concentration of startups around Cambridge University came about. That approach has been applied in Canberra.
ReferenceSegal (1985) The Cambridge phenomenon : the growth of high technology industry in a university town, Segal Quince & Partners, Hall Keeper's House, 42 Castle Street, Cambridge CB3 0AJ, England, 1985, ISBN 095102020X (copy in ANU HANCOCK Library, & summary available)
CSIRO and the Tech Council of Australia, The geography of Australia’s digital industries: Digital technology industry clusters in Australia’s capital cities and regions. 3 Jul 2023. https://www.csiro.au/-/media/D61/Tech-Council-digital-industries-report/23-00311_DATA61_REPORT_DIGProject_WEB_230703.pdf