Hong Kong (15), Shanghai (24), Beijing (53), Shenzhen (93) and Taipei (100)…. Greater China counts 5 cities in the top 100 innovation cities index.
How is the ranking determined? It seems that a number of indicators (across 31 industry and community segments) are weighted and summed into 3 factors: cultural assets, human infrastructure and networked markets.
Interestingly enough, the ‘innovation city’ ranking does not correlate very well with the ‘science city‘ ranking. This may of course be explained by the different methodologies and metrics used for both rankings. It may also indicate that turning science into innovation requires a particular set of skills. No surprise then that Hong Kong (way behind in science citations) comes well ahead in the innovation index. Shenzhen, not particularly known for its universities, can of course count on the innovation dynamism of Huawei and ZTE.