Portugal’s capital for almost 900 years, the point of departure and arrival of the Discoveries, Lisbon keeps alive the past without being nostalgic. The city bets on modernity and is ready for the future.

The river Tagus, the light, the seven hills and the people make Lisbon a unique experience. Fado was born here (recognized by UNESCO in 2011 as an intangible heritage of humanity).

One of the emerging sectors in the city of Lisbon is the Creative Economy, understood here as a main economic sector of the city, crossing many different economic, socio-cultural and technological projects and being developed by a diverse range of actors in constant dialogue and transformation.

The city experiences interactivity processes between private and public initiatives that result in win-win impacts and the city intends to make more visible the dynamics of the Creative Economy.

Lisbon has a good variety of reasons to invest, based on its privileged geostrategic position, an economic center of a vast region, with its qualified human resources, with a cosmopolitan atmosphere and high quality of life and one of the safest cities in Europe.

Globalisation and technology have changed the relative importance of competitive factors. It is not the need to invent, but mainly to innovate. Innovation is not only to create something new, but to develop something that meets (or generates) a new need, whether a product, a service or a process that occupies an important place in a particular system (an area, for example).

Public entities, such as the Municipality of Lisbon, may have a decisive role to the creation of processes and structures targeted to promote the entrepreneurial potential of the city and the articulation of sectors in which the city can assume a strong competitive position.

Lisbon is already today a city of knowledge and innovation, a European capital highly open to technological innovations, a place for the implementation of research and development centers and shared services to multinationals, which can rely on competitive costs.

Portugal is the 4th OECD country with more researchers in science and engineering per 1000 inhabitants (Global Benchmark Report 2010) and Lisbon is the largest pole of Universities and Research Centers in the country and has a strong presence in international networks in the areas of innovation and research and development activities.

Relevant links:
Watch the Lisbon Startup City Video:

Susy Silva: susy.silva(at)cm-lisboa.pt