US EditionChinese Cluster Dethrones Tokyo as World's Top Innovation Hub
The Shenzhen-Hong Kong-Guangzhou cluster topped the 2025 Global Innovation Index due to venture capital deals, patent filings, and scientific publications, with data from over 236,000 deals worldwide.
- The Shenzhen-Hong Kong-Guangzhou cluster was recognized as the world's leading innovation hub in WIPO's 2025 Global Innovation Index, with the results revealed during an event held at the Science Park on Monday.
- This change happened because WIPO expanded its evaluation factors, incorporating venture capital deal activity along with patent counts and scientific research outputs into its annual rankings.
- The ranking evaluated cluster strength by equally considering three factors—venture capital activity, patent filings, and scientific publications—using data that included over 236 thousand venture capital transactions from more than 66 thousand sites worldwide.
- WIPO's chief economist Carsten Fink explained that the new metric complemented a cluster's established advantages in areas such as patents and research publications.
- The result highlights China's position as the leader with 24 clusters in the top 100 and signals growing importance of venture capital in innovation ecosystems.
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The Shenzhen-Hong Kong-Guangzhou region is the first innovation hub, marking a turning point in the global intellectual property landscape The Shenzhen-Hong Kong region
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Total News Sources49
Leaning Left7Leaning Right7Center12Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
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