Innovation
in sentence
3014 examples of Innovation in a sentence
What is presented as a defense of competition results in advancing politically connected special interests and imposing unnecessary costs on
innovation.
Green GDP does include uncounted losses, so it avoids the problem of overestimating our wealth, but it fails to account for the potentially much larger benefits of
innovation.
In business, risk-taking – and its close relation,
innovation
– cannot be imported.
Regulatory policies have often been unfriendly to digital development and innovation, even where traditional telecommunications have been liberalized.
The result is the same: worse access to new technology, higher prices for consumers, and a chilling effect on
innovation
and local entrepreneurship.
The Anglophone strategy focuses on freeing up the remittance market by encouraging competition, relaxing regulatory constraints for non-bank operators, offering financial incentives, encouraging technical and financial innovation, and stimulating collaboration among market players.
It is not yet clear how import quotas will be allocated; but almost any quota-allocation system will stifle competition and
innovation
by favoring incumbents over new market entrants.
As the economist Jagdish Bhagwati points out, maintaining increased protections for, say, intellectual property may encourage research and
innovation.
No doubt, a Russian regiment working with NATO to support IFOR is a welcome innovation; it may help Russian military men to learn through experience that NATO is not the hostile bloc Russian nationalists like to caricature.
His “magic” stone is perhaps the germ of an idea, a product concept, or a marketing
innovation.
The World Economic Forum still rates the American economy as the world’s most competitive, owing to its labor-market flexibility, higher education, political stability, and openness to
innovation.
Realizing that vision requires investment, innovation, and learning across countries.
“As our country works to emerge from this recession,” its executive director wrote, “American companies need to be focused on creating jobs and encouraging
innovation
to put us back on a path to sustained economic growth.
Of course, none of this means that we should not address climate change by focusing on
innovation
to make for less costly green energy.
It calls for enhancing agricultural productivity; upgrading value chains; exploiting local, regional, and international demand; strengthening technological effort and
innovation
capabilities; promoting effective and innovative financing; stimulating private participation; and improving infrastructure and energy access.
Some may be surprised that a central bank governor is interested in technological innovation, and even more that economists at the Fed are studying the impact of computers on economic growth (their research on this subject, indeed, may be found on the Fed's internet site: www.bog.frb.fed.us).
Publicly Funded InequalityWASHINGTON, DC – One of the factors driving the massive rise in global inequality and the concentration of wealth at the very top of the income distribution is the interplay between
innovation
and global markets.
What would not be a solution, however, would be to channel fewer public resources into research and
innovation
– key drivers of economic growth.
And, like many of them, China is now facing a “middle-income trap”: as wages rise, its low-end manufacturing is losing global competitiveness while government policies, endemic corruption, and dominant state-owned enterprises are stifling the type of private-sector
innovation
that China needs most to generate products and services with higher added value.
Likewise, a Chinese government think tank worked with the World Bank to produce the China 2030report, which outlines the structural reforms needed to strengthen the foundations of the country’s market-based economy and create a climate of open
innovation.
Such a massive global research effort would also have potentially huge
innovation
spin-offs.
It is about correcting market failures so that markets and entrepreneurship can play their proper role of ensuring
innovation
and efficient resource allocation.
Without such a framework, the gap between the promise of
innovation
and the reality of human experience will only grow.
That strategy must also include changes, say, to business models, incentives,
innovation
strategies, and regulatory regimes – changes that should be pursued by people whose education has prepared them to address the effects of their work on the rest of us.
The only route to large-scale change in the Arab world is to unleash
innovation
and creativity – and that demands an unbounded civil society.
In short, I do not share the view of many that, after the Internet and the personal computer, it will be a long wait until the next paradigm-shifting
innovation.
Countries need strategies to foster education and
innovation
just as they need strategies to preserve macroeconomic stability and a healthy business environment.
The aspiration should be to invest in infrastructure that will create entirely new opportunities for private-sector investment and
innovation.
Fourth, publicly funded research in science, technology, and biomedicine is vital for driving
innovation
over the long term.
By contributing to public knowledge, basic research opens up new areas for private-sector
innovation.
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