Stagnate or Innovate? That Is the Question
Our whole way of life depends on answering it correctly October 2013
We have an economic recovery of sorts. But economic growth remains weak, too many people are unemployed or in temporary jobs, there is downward pressure on wages, income inequality is high and business investment in productivity-enhancing innovation is inadequate. Could it be that the Golden Age of fast-rising productivity and significant improvements in living standards that we experienced in the last half of the 20th century is…