What are the results of not having physical access to tech labs or on-premise accelerators?
There’s no denying that virtual and hybrid ways of working are the future, but I would expect to see a notable innovation lag if physical clusters and hubs completely ceased to exist indefinitely. I think we might also see something of an offline rebellion once the virus has really disappeared – some people will just be desperate not to be online.
There’s a reason small business and entrepreneurs have traditionally existed in clusters across the City. Their hunger for success and willingness to push boundaries is infectious, and being embedded in a community – sharing some of that competitive excitement – is the secret to unlocking new revenues and scaling opportunities.