The Internet has come of age. Twenty-one years since the marketplace first took notice, the World Wide Web today is at the heart of the global economy, channeling interactions for nearly 40% of the world’s population. It took the Internet 12 years to gather its first billion users, and a third of that time to amass its third billion. Meanwhile, the emerging world is leapfrogging towards mobile phones, opening more avenues to Internet adoption. Broadband subscriptions on mobile phones, now 34% of global mobile phone subscriptions, have tripled since 2008. The next billion Internet users, logging on in an era of near universal mobile connectivity, offer promise of greater economic growth and increased business opportunities.
For lots of great insights on the digital evolution an data, check out the entire digital evolution index report: http://fletcher.tufts.edu/eBiz/Index
As important as the digital evolution is, being “Born Digital” isn’t enough anymore, the best entrepreneurs need to be “Born Global”, says author and research fellow at the MIT Sloan School of Management Michael Schrage. In an article for the Harvard Business Review, Schrage explains that innovators in today’s world don’t “go global”, they start global.
A global research survey found that “ecosystems have become more interconnected and start-up teams have become more international.” With 37% of all funding in the top 20 ecosystems having at least one investor from another ecosystem.
So where do you find your collaborators? Perhaps from one of these top ranked cities.
To your highest purpose and best startup self, friends.
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