as a side project to a global startup map I am working on, we have decided a year ago to accumulate the data and do research on the locations themselves. We built an algorithm that is ranking 900+ cities, and 100+ countries based on the data gathered on the map for the last 4 years. (You can see the ranking tables here, and switch between countries and cities )
I am no math genius, and surely not into statistics. Interestingly , since no resource like this currently exists in the world, it was covered by a few magazines globally (Hong Kong Economic, Business journals).
Considering the algorithm is pretty complex (I can still discuss it if you have questions), here is the feedback I need from you global trotters
1) Quick sanity check for the algorithm. When you check your city/country, does the ranking makes sense?
2) Considering that a resource like this doesn't really exist, and takes many resources to build and update, how would you monetize on it?
Not true. Perhaps not in exact model you propose, but this global study has been going on for 18 years and is well known. I'm not sure how you could have missed it or what would make you different.