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What are innovation hotspots?

What are innovation hotspots?

Submitted by Efua Halm on Mon, 22/08/2022 - 09:09

As the world trend shows a continued focus of its resources on innovation and technological advancement, it is imperative that all stakeholders are aware of the areas that innovation is thriving the most.

Innovation hotspots are highly dense innovative regions of the world that collaborate to push the global technological frontier. Not all businesses can move to these hotspots, but they can collaborate with them. By doing so, they tap into the global innovation network (GIN), enlarging the potential scope and scale of their innovative activities.

Visit: https://www.wipo.int/about-ip/en/ip_innovation_economics/innovation_hotspots/index.html to get a deeper understanding of what these hotspots are, how they come about, why they are critical for your institutions and businesses, and why the GIN has its eyes set on them! 

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