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Innovation in sentence

3014 examples of Innovation in a sentence

Nuru Energy put this kind of innovation into practice, developing a human-powered cycle that provides clean power across Africa using recyclable plastic parts and locally available materials.
A strict framework for allowing, and at the same time limiting, government’s involvement in central-bank decision-making is particularly crucial in emerging markets, given that, in most of them, central-bank independence has contributed not only to the eradication of inflation, but also to institution-building.Central-bank independence is a peculiar institutional innovation.
Indeed, as industrial production migrates to East Asia and innovation remains in North America, Europe risks losing its position in the most attractive international markets.
In their view, Europe has already lost the battle for innovation and economic development, and is gradually becoming an “industrial museum.”
Cultivating human capital requires a supportive cultural environment, a well-developed educational system, and research and innovation centers.
It is intrinsically bound up with the public good, having historically provided the medical innovation that is essential to society’s ability to fight disease.
So it should come as no surprise when policymakers insist that the industry’s efforts at innovation be channeled into areas that provide the most benefit to taxpayers and patients, rather than those – like financial maneuvers – that might be most profitable for the industry in the short term.
If the rest accepted this bottom-up calculation, society would miss out on the 0.5% boost to annual growth that this radical innovation ultimately brought about.
Then as now, such breakthroughs generate a cascade of learning and innovation as suppliers, contractors.
We must keep this in mind, and ensure that innovation and technology continue to put people first, propelling us toward sustainable and inclusive development.
These included advances in technology (especially in transportation and communications), management innovation in multinational companies, and integration of these companies’ supply chains.
The wellspring of such productivity gains – indigenous innovation – has been badly clogged since the late 1960s (mostly in established industries) and was even more so by 2005.
And innovation won’t happen.
The other response is indigenous innovation – new ideas springing from the brows of various businesspeople.
The demand-siders say that innovation only makes recovery harder, because it enables firms to meet existing demand with fewer employees.
Indeed, such investment is costly beyond the expense because it preempts the adaptation and innovation that would have brought higher employment and faster growth.
Moreover, as long as Western innovation remains narrowly confined, a demand-side commitment to a large, sustained flow of infrastructure investment – and, likewise, a supply-side commitment to a similar flow of private investment – must bring ever-diminishing returns, until, ineluctably, the economy reaches its near-stationary state.
It is the impediments to adaptation and innovation – not fiscal austerity – causing our stagnation.
So, targeting quantitative objectives can be a useful innovation, but only as long as its purpose is to provide a new tool in managing certain aspects of the state’s performance.
The transformation of the OSCE into a political forum where EU member states will be individually represented by the EU, for example, could be the type of institutional innovation that can block Russia’s effort to split the union.
The Netherlands has been a champion of innovation, gaining a fifth-place ranking in the recent INSEAD Global Innovation Index.
Lawmakers have mostly sought to nurture innovation, in the hope that new industries will spur productive capacity and, in due course, fill government coffers.
Backing competitive education, innovation, technology, energy, and a more efficient and accessible health-care system complements and reinforces Obama’s leadership approach of setting an example with one’s own policies.
This is not because Merkel lacked vision: in April 2010, she described a Germany powered by improved education and innovation.
The first, essential step is for MENA countries to become “learning societies,” a phrase coined by the Nobel laureate economist Joseph E. Stiglitz to describe countries in which shared knowledge leads to increased innovation.
Moreover, education systems should focus on encouraging greater openness to innovation and risk-taking – a significant departure from the attitudes reproduced under a system of public-sector patronage.
Lastly, governments will need to develop an approach to regulation that encourages, rather than stifles, innovation.
Here, innovation and the conditions that support it – including competition and free entry and exit from the market – play an important role.
If policymakers choose a model based on a large state-dominated sector protected from internal and external competition, innovation objectives are unlikely to be met, adversely affecting future growth.
I won’t argue about net job creation here (though I think most innovation fosters it in the long run, so long as the education system prepares people for the new jobs that result).
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