Innovation
in sentence
3014 examples of Innovation in a sentence
It is a real innovation, with no prior precedent.
Moreover, there is a fundamentally creative element to innovation: it results from an intellectual process that takes time, and that in retrospect always seem inexplicably slow or episodic.
As a result, the FSB is in a unique position to make
innovation
happen.
A New Era of Health-Care InnovationZURICH – We are experiencing a new wave of
innovation
in health care – one that promises to create the smartest, most connected, and most efficient health systems the world has ever seen.
The new wave of
innovation
is attributable to three key factors: the ability to personalize therapy, the capacity to get treatments to market faster, and improved engagement with patients.
The world of chess, with which I am closely familiar, starkly illustrates the way in which
innovation
in the coming decades may have a very different effect on relative wages than it did over the past three decades.
Given these developments, there is every reason to believe that technological
innovation
will lead ultimately to commoditization of many skills that now seem very precious and unique.
The shift might take many decades, but it also might come much faster as artificial intelligence fuels the next wave of
innovation.
But by subjecting US manufacturers and the world to a system of tariffs, quotas, and exemptions, it will achieve the opposite effect: lower competition, higher prices, poorer service, and less
innovation.
Regardless of how one chooses to measure innovation, three conditions must be in place for it to flourish: a skilled, educated workforce; excellent information and communications technology infrastructure; and a supportive business environment.
In other words, successful
innovation
requires a stable and growing economy, fresh ideas, and an absence of unnecessary and burdensome regulation.
In Europe, by contrast, greater weight is placed on the avoidance of risk, which is undermining private-sector confidence in investing in
innovation.
Rather, the precautionary principle should be used judiciously and rationally, balancing potential risks with the benefits that
innovation
and new technology might offer.
A risk-free approach to
innovation
makes it hard to solve vital issues like ensuring food, water, and energy security for a growing population, or even ensuring that Europe remains technologically competitive.
But there are many similar examples of legal uncertainty threatening to undermine
innovation
and investment across a range of technologies and industries, including chemicals, consumer products, crop protection, electronics, nutrition, and pharmaceuticals.
The idea, conceived and developed by members of the European Risk Forum, is simple: Whenever precautionary legislation is under consideration, the impact on
innovation
should be fully taken into account in the policymaking process.
The
innovation
principle does not set out to support
innovation
regardless of its impact on health or the environment.
A regulatory regime that gave unfair advantages to local businesses would hurt consumers, hamper innovation, and damage competitiveness.
To be fair, the tech sector has been the United States’ economic pride and joy in recent decades, a seemingly endless wellspring of
innovation.
Yet, despite all this innovation, the pace of productivity growth in the broader economy remains lackluster.
Still, one has to worry that the big five tech firms have become so dominant, so profitable, and so encompassing that it has become very difficult for startups to challenge them, thereby stifling
innovation.
Big Tech firms might argue that all the capital they pour into new products and services is pushing
innovation.
The prosperity of the US has always depended on its ability to harness economic growth to technology-driven
innovation.
The government need not address all obstacles to investment and
innovation
at once.
Likewise, for both our countries, greater energy efficiency and security requires reliance upon market price signals, technology, innovation, and diversified energy sources.
America continues to lead the world in standard of living, productivity, and
innovation.
Academic excellence is vital to the second pillar of a knowledge economy:
innovation.
Once Africa is further along in the development process, its economies, like China’s today, will have to shift from imitation to genuine
innovation.
African countries should take a lesson: in building knowledge economies, they will need to support industries’ maturation, and then rescind protectionist measures, in order to mitigate complacency and spur
innovation.
For example, by removing information asymmetries about innovative products – asymmetries that are larger the more technologically advanced the products – regulation facilitates a level playing field between large incumbents and new entrants, enabling
innovation
to take root.
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