Why are innovation hubs important?
by SMEBOOK (admin) · February 19, 2020
Three important factors need to be worked around in order to initiate and thrive innovation. Firstly, a team with the right mindset towards the innovation initiative. Secondly, a dedicated place to brainstorm, research and work on the process development. Thirdly, the availability of all the required tools to achieve the above two and supplement the development of new products and services. Innovation hubs are such centres that provide the right team, the right place and the right tools to accomplish innovation.