Innovation Within Cities

Innovation is largely an urban phenomenon. Some cities fare better than others and have grown to become global staples in innovation. Others have found their innovative niche and are silent champions. Recently, we have witnessed the growth of tech startup ecosystems, which is impacting innovation in cities. Some cities have started taking advantage of these new entrepreneurs to bring innovation to urban problems and to increase the competitiveness of their local industry. This new phenomena also helps revitalizing urban areas and creating new jobs. Victor Mulas, ICT Innovation Specialist with the World Bank Group will discuss current success stories and what policy interventions regional and local governments can undertake to unleash its innovative potential leveraging the tech startup ecosystem. He will draw upon illustrious examples from his own work from all parts of the World.