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The next start-up cities that will transform the global economy

Source | www.weforum.org| By|Marc Penzel

During the past decade, much of the discussion about start-up ecosystems has been centered on the question of which city or region will become “the next Silicon Valley”. Although there are several places with promising growth trajectories, we frankly think this view is short-sided. It implies there needs to be a new champion overshadowing the old one.

In fact, there will be no “next Silicon Valley”. Instead, new research from Startup Genome’s 2019 Global Startup Ecosystem Report (GSER) points to there being 30 “next” hubs that will reach critical mass and reshape the state of the global economy. While none of them will be as big as Silicon Valley in the foreseeable future, each will thrive due to either regional dominance or start-up sub-sector leadership.

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