Innovative Aspects of Modern Development of World Cities

World cities play an extremely important role in the functioning of the global economic space today. And it is the world’s cities, of course, are the centers of innovation, concentrate economic, financial, social, tourist and recreational functions, are the poles of attraction of labor resources. There are a large number of classifications and rankings of world cities, which take into account a wide range of indicators that have an impact on the productivity of the city’s economy and the comfort of the city for local residents. According to them, today there are about 30 world cities that influence the development of the modern world system. In these cities, powerful production, technological and innovative resources are concentrated, the headquarters of world organizations are located, and the management of powerful multinational corporations is concentrated. The main aspects that today form the innovative component of world cities are the production of knowledge, the formation of human capital, the transfer of existing know-how, technological innovation, etc.