Moscow rises in the ranking of innovative cities in the world

Moscow ranked 38th in the Innovation Cities Global Index (2thinknow).

Moscow ranked 38th in the Innovation Cities Global Index (2thinknow). Compared to the result of last year, it has risen by 10 positions, said Vladimir Yefimov, Deputy Mayor in the Moscow Government for Economic Policy and Property and Land Relations.

“The top 5 cities include New York, Tokyo, London, Los Angeles and Singapore. Japanese Osaka, Canadian Vancouver, Portland and Las Vegas (USA) scored an equal number of points with Moscow. Moscow has left behind in the ranking Istanbul, Oslo, Rome, Copenhagen, Dublin, Hong Kong, Helsinki, Brussels,” he said.

Cities were assessed according to 162 indicators combined into three blocks: Human Infrastructure, Networked Markets and Cultural Assets. Experts assessed the indicators of the gross regional product, the number of representative offices of international companies, the level of welfare and education, the presence of industrial clusters and their own city brand, said the Minister of the Moscow Government, head of the Department for Economic Policy and City Development Denis Tikhonov.

In addition, the policy of the authorities in the development of the IT sphere, wireless networks and the electronic payment system was taken into account.

The rating, which includes over 500 world cities, was compiled for the 12th time this year.

“For seven years, Moscow has made a qualitative breakthrough, having risen in the 2thinknow rating by more than 150 positions: in 2012, it was in 192nd place,” Denis Tikhonov recalled.

A total of 20 Russian cities were included in the list together with Moscow. For example, St. Petersburg took 109th place, Kazan - 393rd position, and Novosibirsk is located on 405th line. Izhevsk closed the top of Russian cities (482nd place).