The Economic Stimulus and Innovation
A question came to me after many recent discussions about the economic stimulus. Will the trillion dollars being pumped into our economy drive innovation? Or, will it only drive adoption of technologies that have already been innovated? While adoption is certainly a great thing, innovation is one of the vital links to our economic future. Innovation expert Scott Anthony cites in his blog how the stimulus might impact the health care industry from an innovation standpoint (see #2).
I ask the broader question without any answers right now. Perhaps adoption is the key to future innovation but I have a nagging suspicion that we might be trading short term fixes at the cost of rewarding medium to long-term innovation. I hope I’m wrong.
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