The new ranking showed that San Jose-San Francisco has now overtaken Beijing, Seoul and Shanghai-Suzhou to grab the third place. London has shot up from 21st to eighth place, while Bengaluru has likewise jumped from 56th place to 21st on the back of venture capital deals. [...] Overall, the change in methodology has seen East Asian clusters drop while US clusters have made gains. The change boosted Indian clusters, while those in the European Union -- where the venture capital markets are sometimes less vigorous than in the United States -- have tended to see a decline. The top 100 innovation clusters are spread across 33 economies, uniting "top universities, researchers, inventors, venture capitalists and research and development firms in driving forward breakthrough ideas", WIPO said. By country, China for the third consecutive year led the ranking with the most clusters in the top 100, at 24, followed by the United States with 22 clusters. WIPO said the clusters with the most innovation-intensive activity in proportion to population size were San Jose-San Francisco in the United States, followed by Britain's Cambridge.