The World Economic Forum and McKinsey have partnered up and created a “Innovation Heat Map”. They’ve identified factors that are common to successful innovation hubs all over the world. Including 700 variables, those who are driving innovation (business environment, regulations, human capital, infrastructure and local demand) as well as proxies for innovation output (e.g.: economic value added, journal publications, patent applications) to identify trends among the success stories.
They’ve divided the cities into different clusters such as “hot springs”, “dynamic oceans” and “shrinking pools”.
When I’ve tried it out, I strongly noticed that the number of patents filed strongly influence the rating. I’d rather would like to see such a chart based on “companies founded per 1.000 citizen”, for example.
But check it out your self:
more information can be found at the McKinsey Blog.