Most of the economic activity, resources, growth, and innovation is happening in the cities across the world. The global top 600 cities are projected to generate 60 percent of the worldwide GDP by 2025. And it’s for this obvious reason that startup ecosystems are growing in the hearts of cities and not the countrysides. The cities pack all the venture capitalist money and tech founders and employees all into one place. This is great for Europe and Northern America where cities can be the engines that develop products and services for a large middle class outside of the cities. However, Asia, Africa, South America, and the rest of the world are different.
Image Courtesy of Ventrilock / FreeDigitalPhotos.net
