This report examines the innovation system within the Australian Capital Territory (ACT), focusing on the interplay between technology, arts, and creative practices as drivers of economic development. It analyzes Canberra's existing capabilities, including its strong government sector, research institutions, and emerging creative industries, while comparing it to other innovative cities globally. The study identifies challenges such as government procurement practices and skills shortages, and proposes strategies to enhance Canberra's innovation ecosystem. Recommendations include fostering collaboration, supporting creative sector growth, branding Canberra as an international city of design, and improving government engagement with innovative businesses. Ultimately, the report aims to provide a framework for strengthening Canberra's position as a hub for innovation and creativity.