The policies of a government have a big role in creating cutting-edge technology cities. Without these policies, it is almost impossible for a city to grow in the current technology race. The UK’s ex-prime Minister David Cameron said that he wanted to make London the future Silicon Valley. To achieve this, his government launched the “Tech Nation” as they intended to boost their tech capabilities in the whole United Kingdom. In the Netherlands, the government had a similar ambition and that is why the government tried to make some favorable deals in trading to boost tech potential of cities such as Rotterdam, Amsterdam, and Eindhoven. The example of this is Startup Amsterdam that was initiated by their government for boosting the cooperation between private companies and the city. Any startup could use this initiative to get help along with expanding the business in the tech environment. It helped the economy of the Netherlands to grow. According to a research by Insider Monkey, “Berlin, arguably the world’s coolest city, is not far behind in technology and innovation. The organizational culture thrives on focusing on innovation. It is also home to one of the most successful startups, Delivery Hero, operating in more than 40+ companies and a parent company to Foodpanda, which rivals Uber Eats in certain countries. The German government introduced the Digital Hub Initiative to encourage collaboration between various startups in the digital era. The rankings and listings of the fastest-growing tech cities in the world have been compiled from London and Partners, Forbes, and Savills.” This article covers details about 10 Fastest Growing Tech Cities as shared by Insider Monkey.
Let us review the city of Yokohama which is a hub of trade and shipping for nearly 150 years. The city has attracted businesses and international investors with the help of its skilled people and high education. Moreover, the city is quite close to Tokyo which is also an important factor why the city is poised to become a rapidly growing technology hub globally. Companies like Apple, Samsung, and Lenovo have also set up their development and research centers in Yokohama. The second important city is Beijing. The city jumped 15 spots since 2016 in becoming a rapidly growing tech city. Beijing may not have many incentives to startups compared to other such cities but is a big smartphone hub anyhow. To know more, read 20 Fastest Growing Tech Cities in the World.
