London leads the charge for innovation, followed by Silicon Valley, Tokyo and New York. The cities in the upper half of the rankings are those with above-average innovation and liquidity scores. This was combined using a model that we created to produce an “innovation score” of between one and ten (ten being highest) for each of the 288 cities we examined. We analysed hundreds of thousands of data points, including information on almost 100,000 research institutions and 450,000 biomedical funding programmes. Recognising that innovation is an essential feature of cities with robust real estate markets, we identified the top global innovation-led cities in our recent publication Active Capital The Report – 2020, which saw London emerge as the world’s most innovative city of the 288 assessed worldwide. In the current environment, innovation is both a key driver of growth and a protective force against the worst of the global economic shock that has resulted from the Covid-19 pandemic. London ranked number 1 Innovation-Led City Innovation attracts and retains the population and wealth needed for well-functioning commercial real estate markets.Successful innovation clusters monetise ideas and generate strong local economic growth.London’s global significance is in large part underpinned by innovation.Categories: London Report The Case for Cities
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |