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Monday, March 06, 2017

Tracking US Innovation

In the HBR,  Fascinating piece.    I grew up in some of the regions tracked, and remember thinking about how industries worked together to produce innovative value.  But now it can happen everywhere.

When America Was Most Innovative, and Why
by Ufuk Akcigit, John Grigs and Tom Nicholas

The competitiveness of the U.S. economy depends on technological progress, but recent data suggests that innovation is getting harder and the pace of growth is slowing down. A major challenge in business and policy spheres is to understand the environments that are most conducive to innovation. One way to do that is to look to history. In our research we focused on the golden age of invention: the late 19th and early 20th centuries, when America became the world’s preeminent industrial nation.  ... " 

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