State of Innovation

Patents and Innovation Economics

Business Week Podcast – Was There a Lack of Innovation in the Last Decade?

This podcast explains that the U.S. economy revolved around the housing market and easy credit in the last decade and that the U.S. failed to innovate.  Innovation is the key to economic growth and the only mechanism for increasing per capita income.  The podcast discusses the new field of “innovation economics.”  Traditional economics gives lip service innovation, but has not studied its causes and effects.

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July 7, 2009 - Posted by | Uncategorized | , , ,

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