Silicon Valley and North America are still the centre of the startup universe, according to the new 2021 Global Startup Ecosystem Report (GSER).
The report, from Startup Genome and the Global Entrepreneurship Network (GEN), was launched today at London Tech Week. The rankings assess seven factors, including performance and talent, and show that North America is home to 50% of the top 30 ecosystems. Tokyo was a notable riser, entering the top ten at number 9, up 6 places from last year. Asia accounts for 27% of the top 30, with Europe on 17%.
“The trends shared in this report are particularly insightful as leaders seek new ideas to reboot, rethink and regenerate their post-pandemic economies through programs and policies that stimulate innovation, entrepreneurship and job creation,” said Jonathan Ortmans, Founder and President of the Global Entrepreneurship Network.
The top five positions are a repeat of 2020, despite the upheavals of COVID, with Silicon Valley first, followed by New York and London tied for second, Beijing fourth and Boston fifth.
“Entrepreneurs, policymakers, and community leaders are working hard all over the world to build productive and inclusive technology ecosystems that are engines of economic growth and job creation for all,” added JF Gauthier, Founder & CEO of Startup Genome. “The Global Startup Ecosystem Report is the foundation of knowledge where we, as a global network, come together to identify what policies actually produce economic impact and in what context.”
The GSER ranks the top 140 ecosystems – to find those which best match your innovation needs, check out the report.