Land of Hope and Technology February 2016 | Page 9

ISSUE 1

London, the world’s
capital city?
Hubs sit at the centre of global commerce.
It helps the process of innovation, and
wealth creation, if like-minded people live
and work near each other. It has much to do
with the probability of serendipity. If you are
entrepreneurially minded, but live in a small
village in the country, and work from home
you are less likely to bump into a potential
backer for your business, or a kindred
entrepreneurial spirt who could become a
business partner, than if you live in or near
Silicon Valley or London’s Shoreditch.
That’s why clusters are important, why
entrepreneurs often congregate near each
other.
Furthermore, London’s stock across the
world has risen. [