New York has been named the top city in the world for technology, innovation and entrepreneurship in a new study from Accenture, Nesta and Future Cities Catapult.
The report, “City Initiatives for Technology, Innovation and Entrepreneurship,” or “CITIE,” cited New York’s leadership as a key differentiator, having supported the growth of the tech ecosystem to nearly 300,000 jobs in recent years, as well as initiatives such as Digital.NYC and “Made In NY,” a brand for companies that have at least 75 percent of their business production in New York, as key examples of citizen engagement that have opened opportunities for New Yorkers.
CITIE is a joint partnership between Accenture, Nesta and Future Cities Catapult and aims to provide city policymakers with a resource to support the development of policy initiatives to spark innovation and entrepreneurship in cities. CITIE researched how 40 leading city governments around the world were supporting innovation and entrepreneurship and tested them against a series of metrics.
The next four cities ranked by CITIE for their best practices were London, Helsinki, Barcelona and Amsterdam.
Nesta is an innovation charity with a mission to help people and organizations bring ideas to life. The Accenture Institute for High Performance develops and communicates cutting-edge ideas and practical insights on management issues, economic trends and the impact of new and improving technologies, while Accenture is a global management consulting, technology services and outsourcing company.
Making innovation and entrepreneurship a priority to attract and aid the development of young, technology start-up companies earned New York the top spot in a global comparison of 40 cities.
David S. Rose, chief executive officer of Gust, the financial services company that developed the Digital.NYC platform with IBM, said, “Digital.NYC was the world’s first comprehensive online hub for an entire regional innovation ecosystem, and since its launch has inspired other leading innovation centers around the world — including London and Boston — to deploy similar platforms in support of entrepreneurship and innovation.”
According to CITIE, New York made innovation and entrepreneurship a priority earlier than did comparable cities, and it has taken an extremely active stance toward its start-up and tech communities. The city provides support for local start-ups across a wide range of activities, from funding and branding to community building and skills development. Nearly 300,000 New Yorkers currently work in the city’s tech ecosystem, which also supports an additional 250,000 jobs, the study said.
New York Mayor Bill de Blasio recently revealed “Computer Science for All” to provide computer science education to all K-12 students, and created the NYC Tech Talent Pipeline, a public-private partnership designed to support the growth of the city’s tech ecosystem and create jobs.