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The Most Innovative Cities in Asia-Pacific: One to Five

The Most Innovative Cities in Asia-Pacific:  One to Five

Judging and ranking innovation in terms of geography can be a difficult task.  After all, innovation is an ever-moving pursuit and calculating it into something measurable can be incredibly difficult.  However, that’s exactly what many have tried to do – using qualities like the local talent pool, knowledge creation, technology, and livability – to find out where the creative class is living, in Asia-Pacific.

 

Singapore takes the top spot thanks, in large part, to its astounding improvements in innovation over the last twenty-five years.  In the past half a century, Singapore has been many things:  a swamp, a trading post for spices and later, a manufacturing center and high-tech leader.  Now, it’s the most innovative city in Asia-Pacific and considered something of a melting pot because of its openness to other cultures.  While it is still a young city it’s built an attractive atmosphere for innovative companies including over 42,000 technology start-ups.  Beauty giant Procter & Gamble moved its skincare, cosmetics, and personal care unit from Ohio to Singapore to take advantage of its growing Asian market.

 

Up next is Sydney, Australia. Known globally for its welcoming atmosphere to immigrants from all countries, Sydney is a city that retains its pioneering reputation even today.  Rapid expansion throughout the 20th century has attracted technology experts, artists, activists, and entrepreneurs of all disciplines.  Often touted as one of the most livable cities in the world, Sydney promotes a rich culture and artistic vibe but also boasts booming business in sectors like design, biotechnology, and engineering.  Berkshire Hathaway made waves in early June when it made it’s first ever investment in an Australian company, Insurance Australia Group.  This reflects the multinational conglomerates intention to expand into Asia-Pacific, a sure sign of the regions future business innovation and successful development.

 

Another Australian city, Melbourne, claims the spot for third most innovative city in Asia-Pacific.  The second most populous city in Australia is geographically remote but that doesn’t stop its multicultural environment, which is home to a bright population of human talent.  Acceptance of diversity proven by its multicultural population supports the city but Melbourne is isolated and must make strides to become a global powerhouse.

 

Coming in at number four, and hardly a surprise, is Hong Kong.  Hong Kong has always been a leader of innovation, proven by its acceptance to adapt as the market demands.  Now, it’s a global center for finance, trade, and logistics, not to mention its strong tourist market.  It is frequently regarded as a prime location for businesses including headquarters for Global Brands Group who has licenses for popular brands including Calvin Klein, Michael Kors, and Guess.

 

Aukland, New Zealand as number five utilizes its natural resources to draw in human talent and broaden its appeal to the global market.  Focused on its access to coastal ports and strong manufacturing base, experts predict that Aukland will experience a surge in growth over the next thirty years.  An influx of immigrants will be lured to the city due to its mild climate and plenty of opportunities for education and employment.  Aukland has found itself a prime location for the entertainment industry and for hosting high-profile sporting events, both of which require innovation and a look towards the future.

 

Six categories, including human talent, knowledge creation, and society were used to weigh and judge the most innovative cities in Asia-Pacific.  Each city was given a score and the final results were issued based on the tally of those scores.  Clearly, Asia-Pacific can no longer be considered a mere player in the global game of innovation.  Asia-Pacific is now, the leader of the pack.

 

 

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