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Innovation in sentence

3014 examples of Innovation in a sentence

Similarly, AI offers countless opportunities for innovation and tapping into global value chains.
America’s economy was blessed in the 1990s with low energy prices, a high pace of innovation, and a China increasingly offering high-quality goods at decreasing prices, all of which combined to produce low inflation and rapid growth.
One promising innovation is a “utility in a box” system – a modular, scalable mini-grid solution that is currently being field-tested in India and elsewhere.
To remain profitable, younger growers must produce larger crops from smaller spaces, which requires innovation.
The private sector also brings innovation to the classroom.
More specifically, Asahi urged that Japan take the lead on managing global climate change by building on its record of successful innovation in energy conservation following the oil shocks of the 1970’s.
They are conversing across disciplines – not only engineering and biology, but also chemistry, physics, mathematics, and computation – and setting new paths for innovation, from initial discovery to the launch of advanced applications in the marketplace.
At the same time, just as the twentieth century’s convergence of physics and engineering transformed our lives, the accelerating convergence of biology and engineering is driving unprecedented discoveries that promise to create another platform for innovation, the rise of new industries, and economic growth.
It was innovation, and high productivity, not a weak currency, that enabled German and Japanese goods to conquer the world.
They should help their countries’ firms to adapt to the departure of some producers by establishing training programs, stimulating innovation, and maintaining or creating a competitive environment that encourages “creative destruction” while providing for a social safety net.
Most crucially, it is increasingly difficult to balance the goals of ensuring patient access to effective medicines, managing rising health-care expenditure, and incentivizing innovation.
Even if access to health care were assured, and pricing well managed, there would still be a problem with the current direction of health innovation.
With health-care systems often failing to provide patients with the treatment they need at a price they can afford, and with health innovation not addressing public health needs, the status quo is not sustainable.
But to restore public purpose to health-care provision and innovation will require the kind of transformation that the NHS’s founders ushered in 70 years ago.
Rather than simply funding innovation, governments need to start directing it with the same level of involvement that they bring to defense spending.
The pharmaceutical industry will no doubt argue that government engagement stifles innovation.
And government procurement processes could surely be better aligned to steer the direction of innovation.
Only by aligning innovation with the priorities of a civilized society can we finally take health care to the next frontier.
True to the legacy of Friedrich List, the father of German economics, who wrote in 1841, “the power of producing wealth is therefore infinitely more important than wealth itself,” Germany has retained its manufacturing edge through a relentless commitment to process innovation, backed by a network of research institutes.
Large firms are relatively risk-averse not only because they are bureaucracies, with layers of management required to sign off on any innovation, but also because they are reluctant to back innovations that threaten to render obsolete the products or services that currently account for their profits.
Clinton understood earlier than most politicians, and economists as well, that US economic strength derived from a combination of basic science, technological innovation, and high-quality education.
“But we must let innovation run ahead of regulation.”
This tsunami of technological innovation will continue to change profoundly how we live and work, and how our societies operate.
More broadly, there is increasing recognition that the patent system, as currently designed, not only imposes untold social costs, but also fails to maximize innovation – as Myriad’s gene patents demonstrate.
But unbalanced intellectual-property regimes result in inefficiencies – including monopoly profits and a failure to maximize the use of knowledge – that impede the pace of innovation.
And yet a willingness to take risks is pivotal to innovation and entrepreneurship.
Through the procurement of goods and services – which comprises about 10-15% of GDP in developed countries and up to 20% of GDP in developing countries – governments can serve as important drivers of growth and innovation.
Unsurprisingly, in these major industries, disruptive entrepreneurship and innovation tend to arrive slowly and late.
The progress that such startups have managed to achieve highlights their potential to spearhead innovation and generate economic growth.
Startups are proven hubs of innovation and drivers of economic growth, employment, and development.
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