The Global Startup Ecosystem Report 2021

Asia Insights, Rankings & Ecosystem Pages

Key Findings

  • Asian ecosystems continue to rise in the Global Startup Ecosystem Rankings with Tokyo (from #15 to #9), Seoul (#20 to #16), Shenzhen (#22 to #19), Bangalore-Karnataka (#26 to #23), and Hangzhou (#28 to #25) moving ahead.

  • When it comes to the Knowledge Factor, Asia takes four of the Top 5 spots (Beijing, Shanghai, Seoul, and Guangzhou).

  • Asian startup ecosystems are collectively worth $1.1 trillion in Ecosystem Value in this year’s GSER period, about 30% of the global total.

The Top Performers are identified by applying our Global Ranking methodology within a specific region, while the Regional Challengers are identified using the Emerging Ecosystems methodology.