Innovation clusters are geographic areas where businesses, research institutions, and other organizations come together to foster collaboration and creativity. These clusters often focus on specific industries, such as technology, biotechnology, or clean energy, allowing companies to share resources, knowledge, and talent. This close proximity encourages networking and accelerates the development of new ideas and products. Examples of well-known innovation clusters include Silicon Valley for technology and Boston for life sciences. These regions benefit from a concentration of skilled workers, venture capital, and supportive infrastructure, making them attractive locations for startups and established companies alike.