- livingthedash.tv

So where does the world’s innovation come from?

Mckinsey Digital has released a new study on innovation clusters around the world.

The study slots cities into 4 categories based on the number, growth, and diversity of patents issued by the US Patent and Trademark Office from 1997 to 2006.

(click for large, interactive chart)

The 4 Categories….

The Hot Springs // small, fast-growing hubs on track to become world players

• Suwon, South Korea
• Gyeonggi-do, South Korea
• Regensburg, Germany
• Fort Collins, Colorado, USA
• Brisbane, Australia
• Netanya, Israel

Dynamic Oceans // large and vibrant ecosystems with continuous creation and destruction of new businesses

• Silicon Valley, California, USA
• San Francisco – Oakland, California, USA

Silent Lakes // Older, slower growing hubs with a narrow range of large, established companies

• Yokohama, Japan
• Tokyo, Japan
• Minneapolis – St. Paul, Minnesota, USA
• Boston, Massachusetts, USA
• Los Angeles, California, USA
• Chicago, Illinois, USA

Shrinking Pools // unable, so far, to expand beyond their start-up core and so find themselves slowly migrating down the value-chain

• Philadelphia, Pennsylvania, USA
• Cincinnati, Ohio, USA
• St. Louis, Missouri, USA
• Indianapolis, Indiana, USA

Some observations……..

• The Dynamic Oceans are in the USA.
• The USA also contains a lot of Hot Springs.
• Europe seems to be lacking when it comes to innovation.
• Asia has a lot of momentum.
• Israel is becoming a player in innovation.
• Lots of Shrinking Pools in the midwest and southern portions of the USA.