TechHubs
TechHubs are geographic clusters with a high concentration of technology companies, startups, research institutions, and supportive infrastructure that collectively foster innovation and entrepreneurship. They enable dense networks of talent, capital, and facilities such as universities, accelerators, venture funds, incubators, coworking spaces, and advanced infrastructure that facilitate collaboration, knowledge exchange, and faster product development. The proximity of researchers, engineers, entrepreneurs, and investors reduces transaction costs and accelerates commercialization.
Geographic distribution varies, but mature ecosystems are found in major metropolitan regions around the world, including
History and development: the concept draws on cluster economics and the growth of software and hardware industries
Impact and challenges: TechHubs contribute to job creation, exports, and urban regeneration, and they attract investment
Future directions: trends include support for mid-sized cities, distributed or remote-enabled collaboration, and a focus on