Tuesday, May 30, 2017

Seattle named #5 top U.S. city for corporate innovation, R&D

Innovation Leader, a magazine and website focused on innovation in large companies, today released its 2017 list of the top North American cities for corporate innovation and R&D activity, with Seattle appearing at No. 5.

Topping the list is San Francisco/San Jose, Calif., with Boston, New York, Los Angeles, and Seattle rounding out the top five. 

The Innovation Leader list is unique among "city rankers" because it focuses not on startups, entrepreneurship, or venture capital, but the amount of research-and-development and innovation activity that big companies do in each city — whether that’s Disney and other studios developing the future of entertainment in L.A., or Ford, Uber, and Toyota working on self-driving cars in Detroit.

Specifically, the list takes into account five factors:

1) Global 1000 companies with R&D labs or innovation centers, and their R&D investment levels

2) Major tech companies with large R&D or development partner ecosystems

3) Startup density, including accelerator programs, incubators, and co-working spaces

4) The presence of top-tier research universities

5) Conferences, trade shows, and networking events that foster interactions among corporate executives, entrepreneurs, and academic researchers

See the full story here

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