Innovation is largely an urban phenomenon. Some cities fare better than others and have grown to become global staples in innovation.

Others have found their innovative niche and are silent champions. Recently, we have witnessed the growth of tech startup ecosystems, which is impacting innovation in cities. Some cities have started taking advantage of these new entrepreneurs to bring innovation to urban problems and to increase the competitiveness of their local industry. This new phenomena also helps revitalizing urban areas and creating new jobs.