"Cities of Tomorrow: visions and models" 25-26 October 2010 Brno City Strategy The city of Brno has a clear vision of its economic future. It intends to build its with higher added value, such as biotechnology, primarily biomedicine (so-called life-science), instrument technology and information and communication technology. All important city projects are linked with the strategy, city budget and action plan City Economic Development Policy KERM (Czech abbreviation standing for City Economic Development Policy) based on the Strategy for Brno acknowledges the importance of global competitiveness as a fundamental concept of modern economic basis of the city. In this respect, it follows the previously defined strategic principle of progressive transition from industrial economy to knowledge economy. Brno will therefore make full use of its unique predispositions. Competitiveness of cities is generally described and evaluated by factors of competitiveness. The theory provides various sets of factors; a modified – generalized set was created for the purposes of KERM. Moreover, each given factor was, within discussions in expert groups, analyzed for the possibility of public intervention and its type. That is, in what way should the city of Brno stimulate individual factors in order for its competitiveness to continue to grow. Regional Innovation Strategy 3 Vision: South Moravian Region will rank among first fifty innovative regions in Europe in 2013.