government
Government Innovations: Past, Present, and Future
The world is moving forward. Some countries get left behind, while some move ahead. The deciding factor is not which country has the most intelligent residents. There has, in fact, been example after example of people of all different nationalities creating impactful innovations. The deciding factor
Short-Term Thinking is a Barrier to Innovation in America’s Private Sector
Over the past few weeks, I’ve been discussing the innovation problem America faces and its various points of origin, from our education system to government initiatives. Obviously, there are many factors that determine how innovative our nation is overall, but since the private sector is usually whe
Innovation in America: How the Government Helps and Hurts
Formerly a global hotbed of innovation, the United States in recent years and decades has regressed back to the mean as several other countries are catching up. In a previous post, I’ve examined the role our education system plays in hampering (and helping) innovation. But what role does our governm
Should one government encourage innovation in another country?
There are all kinds of economic development programs put in place by governments with the objective of accelerating economic growth. Not satisfied with working just in their own country, governments are now establishing innovation competitions in other countries. How far should a government go to e
What is the role of government to encourage small business innovation?
Since the beginning of time, it’s been entrepreneurs that drive the creation of innovation. True breakthroughs have been the result of an individual or small team who had an idea and the determination to see it through to fruition. In many cases, ignoring the advice of friends and the lack of what
Ingenuity
Ingenuity is the key ingredient to creating innovation. Ingenuity is the smallest element of innovation … the spark that starts it off. Innovation is the outcome of applying an individuals ingenuity.
