Venture Capital not only relies on human capital, geographical factors and economic growth are also considered indispensable.
The Economist Intelligence Unit recently published a report on benchmarks of future competitive cities. Since over half of the world’s population lives in cities, generating more than 80% of global GDP, standard population projections show that virtually all global growth over the next 30 years will be in urban areas.
Besides insightful research methods and models, the report reweights several indicators that were taken into account: economic strength, physical capital, human capital, financial maturing, institutional character, social and cultural character, environment and natural hazards. To read the full report, please visit here.