The Edinburgh city region is internationally renowned for its academic research base and track record in commercialisation and technology transfer and its legacy for innovation derives from its rich knowledge economy.
Nearly fifty per cent of the city region's workforce is employed in knowledge intensive jobs including computing, communications, scientific research and also across the creative industries.
This has helped forge Edinburgh's reputation as an 'Ideopolis' - a sustainable knowledge-intensive city that drives growth in the wider city region and develops knowledge industries that will be economically successful and improve quality of life.
Research and development is a core knowledge-intensive industry and focus of activity across the city region. More than half of total Scottish research activity is undertaken in Edinburgh and the Lothians.
The city region is a top ten European location for science and technology. The University of Edinburgh is a world leader in many areas of scientific research including informatics, infectious diseases and stem cell research.
The ambition is to create another tech unicorn. Edinburgh is already home to two other unicorns – in the form of Skyscanner and FanDuel – and there is every indication that more will follow.Nikola Serafimovski, business strategy director, PureLifi