Rochester, Twin Cities ranked among most innovative on earth
Monday, November 12, 2018
ROCHESTER, MN — Innovation isn't easy. Case in point, your kids have heard of Netflix and Facebook, but will give you a blank look if you talk about Blockbuster or MySpace, two companies routinely listed among the biggest to fail specifically because they didn't innovate.
So when we say three Minnesota cities were just ranked among the most innovative on Earth, it's — with apologies to Ron Burgundy and the movie "Anchorman" — kind of a big deal.
The Australian data research company 2thinknow, which crunches numbers from cities across the globe, released its 11th annual Innovation Cities Index rankings of the world's 500 most innovative cities this month. Cities that innovate more tend to bring in more revenue, create more jobs and become the best places to invest, the company said in a release.
The index is meant to measure how well a city creates an environment that encourages innovation. It uses more than 160 indicators based on comparative data sold to corporations.
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