2. Economics of Innovation: Innovation Is A Bottum-Up Phenomenon - Deepstash

2. Economics of Innovation: Innovation Is A Bottum-Up Phenomenon

2. Economics of Innovation: Innovation Is A Bottum-Up Phenomenon

2. Economics of Innovation: Innovation Is A Bottum-Up Phenomenon

It is believed that the main source of innovation has been the government support of research, and that government should therefore adopt an industrial policy of directed innovation. This is a myth.

While it is not impossible that governments can aim for, create and perfect an innovation, it doesn't happen very often. Far more inventions and discoveries emerge by serendipity and the exchange of ideas.

288

603 reads

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

It takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score