Science Parks vs. Boutique Labs

When futurist Anthony Townsend ponders the world's up-and-coming innovation hot spots, he tends to skip over the gargantuan, multibillion-dollar science parks going up in cities like Singapore, Shanghai, and Seoul. Instead, he homes in on places like Kitchen Budapest, or Kibu. An artists' colony of sorts on a hip street in downtown Budapest, Kibu is what Townsend, research director at the Institute for the Future, describes as a "pop-up lab."

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