London Leads, Yet US Dominates The Top Ten In The First Smart Centres Index Results
Z/Yen today launched the first edition of the Smart Centres Index (SCI 1), which is designed to track the development of technology and financial centres across the world in their support for and readiness for new technology applications.
Investors, entrepreneurs, scientists, media, academics, governments, and regulators can attune their cities to attract innovation and growth in Science, Technology, Energy Systems, Machine Learning, Distributed Ledgers, or Fintech. Tuning a city for innovation is complex. Z/Yen began studying successful and unsuccessful business innovation clustering some 15 years ago, and most recently in 2018 with the publication of the Smart Jurisdictions Index. Building on the results of that research we have created a novel factor assessment index based on three dimensions - innovation support, creative intensity, and delivery capability.
The SCI uses assessments from private and public sector individuals, along with 127 instrumental factors, to rate the centres. This is an important launch of a project that will grow substantially as more people pay attention to the ways centres can help globally innovative businesses thrive in rapidly changing times.
Smart Centres Index - Headlines
The top 15 centres in SCI 1 are shown in the table below.
Full details of SCI 1 can be found at www.smartcentresindex.net.
Professor Michael Mainelli, Executive Chairman of Z/Yen said:
“Innovation and technology go hand in hand in driving the economy, manufacturing, trade, and finance. It is vital to a commercial and financial centre’s success that systems of regulation, business support, and the development of city ecosystems are geared to harness the talents of those working to create new products in new ways. The commercial centres of the future that make most impact will excel in innovation through attracting talent and creating jobs and wealth. This index provides the basis to track cities’ progress in the economy of the future.”
Information For Editors
About SCI 1
SCI 1 rates 48 commercial and financial centres across the world combining assessments from technology and financial professionals with quantitative data which form instrumental factors.
SCI 1 uses 965 assessments of cities collected from technology and financial services professionals who responded to the GFCI online questionnaire. The SCI will be updated every six months.
The SCI builds on the Smart Jurisdictions Index published by Z/Yen in 2018.
The SCI is part of the Long Finance initiative (www.longfinance.net), which undertakes research programmes on Financial Centre Futures, Sustainable Futures, Distributed Futures, Eternal Coin, and Meta-Commerce. Please get in touch for more details on Long Finance.
For more information please email Mike Wardle at email@example.com or by phone on +44 (0) 20 7562 9562 or +44 (0) 7880 737319.