HUB

The concept of hubs is increasingly being adopted by different sectors as a means to accelerate innovation. Previous research on hubs has focused on large-scale and trans-regional hubs on their managerial practices instead of their geographical situation. Hubs for research, innovation, and global entrepreneurship are the world’s new development centres. They have a base for connecting services, as well as seeking partners and investors. However, their goal is not only to accelerate startups but also to foster cooperation for the joint development of educational technology and innovation. Among these, China has become an important magnet for development and investment and has managed to catch the eye of companies like Facebook.

The growth of Chinese hubs for example in the past decade is due to a government strategy for generating and attracting both innovation and technological development. China intends to stop being a cheap manufacturing economy and become a leader in innovation, technology, and entrepreneurship. Its support plan for domestic and foreign startups encourages investment and attracts entrepreneurs from all over the world. The City of Rotterdam and Shanghai are sister cities and resigned their MOU in 2019. The HUB in Shanghai aims at parts of that resigned MOU, the care for the elderly and care technologies. The hub in the Veneto region aims at the selected endeavours of SDG 11.