Tech hubs are geographic areas that foster innovation and entrepreneurship in the technology sector. These locations often feature a concentration of startups, established tech companies, and resources like incubators and accelerators. They provide a supportive environment for networking, collaboration, and access to funding, which can help new ideas flourish.
Cities like Silicon Valley, New York City, and Bangalore are well-known tech hubs. They attract talent from around the world, creating a diverse ecosystem of skilled professionals. This concentration of expertise and resources can lead to rapid advancements in technology and the creation of groundbreaking products and services.