The U.S. government has long supported a “big firm” economy with the idea that large companies are the primary drivers of innovation. But that's a recipe for stunted growth.
So say Kauffman Foundation executives Carl Schramm and Robert Litan in an article this month's The American. The U.S. economy needs to grow at a 4% annual clip in the future in order to sustain rising salaries and high standards of living — and that's not going to happen without lots of entrepreneurs building new technologies.
They lay out a plan for achieving a high-growth, entrepreneurial economy through “radical innovation.” Here's a summary:
A Seven-Step Plan for 'Radical Innovation'
Posted by luckycharmer under NewsFrom http://blogs.wsj.com 5772 days ago
Made Hot by: on August 15, 2008 2:03 pm
Who Voted for this Story
Subscribe
“You are most welcome Gaurav....”
“transition plan is the first thing to start. Thank for sharing this...”
“I have been using Picuki, and other tools. But, I was not aware about IG...”
“I am not into Google Sites. I still and always prefer WordPress. Easy to...”
“Semrush is changing. And, I am following the path....”
Comments