Innovation can happen anywhere. It shouldn’t be solely entrusted to Cupertino or Mountain View nor should it be limited to self-styled visionaries in New Balance sneakers. But it does seem to happen in clusters. Why Silicon Valley? Why Waterloo? Because creativity is cultural. For the better part of a decade, the Martin Prosperity Institute at U of T’s Rotman School of Management has been studying the complex web of factors that encourage and sustain innovation in regions around the world. First published in 2004, the institute’s Global Creativity Index measures a nation’s innovation potential, focusing on what it calls the Three Ts: technology, talent and tolerance. We used this index, but also dove deeper, to choose cities that are best positioned to nurture their creative edge into the future. "The GCI is really trying to help regions understand where they are," explains Kevin Stolarick, research director of the Martin Prosperity Institute. "Even when times are good, you have to worry about what comes next." Here are five cities —and some of their start-ups—that we think have very bright futures.
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