Unique ID: WB24

Division: Trade & Competitiveness
Issue Date: February 13th 2019
Last modified: February 22nd 2019
Collaborative

Using Big Data to Measure City Innovation Capacity

Using Big Data to Measure City Innovation Capacity

This initiative is to develop a diagnostic tool to help WBG clients assess their cities' innovation capacity against their aspired competitors. It helps inform and prioritize investments that will improve the competitiveness and innovation capacity of a city. Clients are asking WBG: How to increase the productivity and innovation capacity of existing firms in my city so that better-paying jobs are created? How can I encourage and nurture entrepreneurship to have a healthy pipeline of innovative new firms? These questions hinge on having a reliable and up-to-date measurement of a city's innovation capacity-whether the city has an enabling environment that nurtures new and existing firms to become more competitive and productive. Currently, there is a lack of a rigorous diagnostics and an intuitive visual that evaluate and compare cities' innovation capacity globally, mainly because of a lack of reliable and comparable city-level data on innovation capacity. This initiative is to develop a city innovation capacity diagnostic tool using a big data approach. The tool, data and interactive graphs are to be published on competitive cities website www.worldbank.org/competitivecities, accessible by both internal and external stakeholders.

Project Sources
Project Sources
Type Of Institution: international organization
Region: Global
Country Area: Global
Id Country Regional: global
Other
Other
Timeframe To Produce Indicator: NA
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