The Australian consulting firm 2thinknow has released its annual list of the most innovative cities in the world. It is the world’ s largest city classification and ranking with 331 benchmark cities classified, and top 125 cities ranked in 2011.
Ranking is based on three factors: cultural assets, human infrastructure, and networked markets. Three types of innovative cities are also defined: “Nexus” is the best and requires cities to have the nexus critical for “multiple economic and social innovation segments.” “Hub” cities are those with a dominance based on economic and social innovation and “node” cities performed well across innovation segments but with some imbalances. All best-20 cities listed below are “nexus” cities.