The presence of a developed and dynamic innovation ecosystem is an indispensable characteristic of any given global city. Indeed globalisation has changed the name of the game for what concerns innovation and competition: the reference are no longer the national borders but cities and regions. Furthermore the strong acceleration of change driven by digital transformation opens spaces of opportunity for new businesses that apply new scientific and technological expertise. Developing a fertile environment for innovation demands a broad strategic approach across the whole value chain: from enabling input factors, that is R&D expenditure and researchers, to the two main actors that trigger research initiatives, meaning universities and firms, to the output in terms of business innovation, intellectual property (patents, trademarks and industrial design) as well as birth, survival and growth of innovative startups.
- Attractiveness and Reputation