Washington, D.C. Ranks as Top City in the World in Entrepreneurial Talent and Global Competitiveness

Washington, D.C. has been crowned the top city in the world in the 2019 edition of the Global Cities Talent Competitiveness Index (GCTCI). Now in its sixth year, the GCTCI addresses the topic of Entrepreneurial Talent and Global Competitiveness and identifies ways in which cities can foster entrepreneurial talent in an era of digital transformation. The report covers 114 cities from around the world and has established itself as a global benchmark for issues related to talent competitiveness and the future of work.

The GCTCI rankings are based on the average scores across five pillars: the ability cities have to Enable, Attract, Grow and Retain talent, along with an ability to Be Global. Washington, D.C. ranked in the top 10 for three of the five pillars, Attract (No. 7), Grow (No. 9), and Be Global (No. 3). Each pillar had subsections with additional scoring variables to take into account, such as internet access, GDP per capita, airport connectivity, and major universities. The nation’s capital led the way in talent thanks to its ability to attract and nurture entrepreneurs, while simultaneously being a strongly-connected, global city.

“Washington, D.C.’s steady economy, dynamic population, outstanding infrastructure and connectivity, highly-skilled workforce, and world class education are all characteristics which contribute to making the city such a talent hub.”–Global Cities Talent Competitiveness Index.

 

https://gtcistudy.com/
Source: Greysteel Research, INSEAD, CNBC

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