Innovation hubs are collaborative spaces designed to foster creativity and entrepreneurship. They bring together individuals, startups, and established companies to share ideas, resources, and expertise. These hubs often provide access to technology, mentorship, and networking opportunities, helping participants develop new products and services. Typically located in urban areas, innovation hubs can take various forms, such as co-working spaces, incubators, or accelerators. They play a crucial role in driving economic growth by supporting local businesses and attracting investment. By encouraging collaboration and knowledge sharing, innovation hubs contribute to a vibrant ecosystem of innovation and development.