Sappin Global Strategies' periodic look at the hottest places around the globe for innovation. The US continues to lead the way, with Israel, China, India, Germany, and the UK all placing cities in the Top 10.
2. 1. Silicon Valley/Bay Area
The past and future leader continues to set the pace in areas
From AI to mobile to VR to biotechnology
3. 2. New York
New York has emerged as an incubator for companies
such as WeWork (sharing economy), MongoDB (software),
Etsy (consumer), Oscar (healthcare), and Infor (software)
4. 3. Tel Aviv
Israel, particularly the Tel Aviv area, has long been a
leader in innovation across technology, healthcare, water,
and energy
5. 4. Hong Kong / Shenzhen
Hong Kong has long been a financial services haven,
but with the emergence of mobile and internet heavyweight
Tencent, the Pearl River Delta has firmly joined the ranks of
global innovators
6. 5. Boston
Route 128, with its proximity to MIT and Harvard, continues
to be a font of innovation across healthcare, digital media,
and energy
7. 6. Bangalore
India’s innovation capital continues to come into its own
with homegrown leaders such as Flipkart (E-commerce)
and inMobi (mobile advertising)
Photo Credit: Bikashrd
8. 7. (tie) Berlin / Hangzhou / London / Shanghai
Our top 10 wraps up with four cities tied in seventh place.
Berlin has been a hotbed of entrepreneurial activity for years,
becoming the go-to city for smart young Europeans. London,
in spite of Brexit, has done a strong job of providing strong
institutional support for startups and growth companies while
leveraging the Oxbridge R&D nexus.Hangzhou with Alibaba
and Shanghai with Didi Chuxing and many other smaller
companies, show the depth and breadth of China’s ability to
develop global leaders (Alibaba) and outclass global
leaders (Didi beating out Uber).