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Prosperity Institute of India Established

New Institute a partnership with Harvard, India and University of Toronto’s Martin Prosperity Institute

September 12, 2012 Toronto - The Institute for Competitiveness, the Indian partner of the Institute for Strategy and Competitiveness at Harvard Business School, and the Martin Prosperity Institute, at the University of Toronto’s Rotman School of Management have joined hands to establish the Prosperity Institute of India. The Institute, which will be operated by the Institute for Competitiveness, will be based in Gurgaon, India, with the Martin Prosperity Institute (MPI) being a partner in all the activities carried out by the Institute.

The Institute has been set up with the objective of enhancing the prosperity and creativity of Asia by sharing knowledge on 3Ts – which are Technology, Tolerance and Talent. Developed by the Martin Prosperity Institute, they are a useful analytical tool for understanding regional economic prosperity and growth by improving the traditional model emphasizing on companies, jobs or technology. The primary activities of the Institute will be research and publications, training, advisory and events which would further help in disseminating knowledge about creativity and prosperity among the genres.

The Institute will publish research insights, research reports, academic papers, working papers, articles and interviews that will focus on the current prosperity and competitiveness level of India and its states and other Asian countries and the strategies that would help them to enhance their current and future prosperity levels. Moreover, the research reports and academic papers will encompass subjects such as city prosperity, state prosperity, global prosperity, creative city economies, creative state economies, prosperity and competitiveness of countries in the Asian region and other relevant topics.

Another goal of the newly established Institute is to train interested scholars on various topics on competitiveness such as Creative Economies, Prosperity and Competitiveness, Creative Regional Strategies, and Creative Cities.

The Prosperity Institute of India also plans to provide advisory services to the government bodies, private organizations, corporations, and, multilateral and bilateral organizations in the region. This work will be led by the directors of the MPI and the Institute for Competitiveness including Prof. Richard Florida, Dr. Amit Kapoor, and Dr. Kevin Stolarick, the MPI’s research director. The Institute will also organize conferences and other events to discuss India’s and other Asian countries’ creativity and prosperity.

About Institute for Competitiveness

The Institute for Competitiveness, India is an international think tank dedicated to conducting meaningful research in the core fields of strategy, economic development, productivity and prosperity. Institute for Competitiveness studies competition and its implications for company strategy, the competitiveness of nations, regions and cities, and thus generates guidelines for businesses and those in governance. The institute’s expertise lies in understanding location strategies for companies, and understanding how regions can create a sustainable environment for doing business, while enhancing productivity and income levels of people. Find out more at

About Martin Prosperity Institute

The Martin Prosperity Institute (MPI) is a global think-tank located at the University of Toronto’s Rotman School of Management and led by Professor Richard Florida. Its goal is to cultivate a deeper understanding of economic prosperity, foster global dialogue about it, and create new tools and solutions to develop it. MPI is the world’s leading think-tank on the role of sub-national factors – location, place and city-regions – in global economic prosperity. It takes an integrated view of prosperity, looking beyond economic measures to include the importance of quality of place and the development of people’s creative potential. Find out more at: