Which of the Following Statements Is True for an Innovation

Multiple Choice

Which of the following statements is true for an innovation hub?

A) It refers to a geographic region that contains a cluster of company R&D centers, universities, and government research institutes in close proximity.
B) It refers to the virtual concentration of manufacturers, company R&D centers, dealers and distributors dealing with the same products.
C) It refers to the pooling of resources for research and development by countries producing and exporting the same kind of products.
D) It refers to the R&D centers set up by the governments that finance ideas of independent individuals and organizations alike.
E) It refers to a conglomeration of organizations who share cutting-edge technology and latest business practices for mutual benefit.