Innovation
in sentence
3014 examples of Innovation in a sentence
Modern research has shown that the great economist Joseph Schumpeter was wrong in thinking that competition in
innovation
leads to a succession of firms.
Such abuses of market power discourage
innovation.
Moreover, so-called “patent thickets” – the fear that some advance will tread on pre-existing patents, of which the innovator may not even be aware – may also discourage
innovation.
It is a dynamic system that requires calibration and
innovation
to adapt to changing circumstances and emerging threats.
It requires openness to change and
innovation.
Finally, China’s capacity for
innovation
is improving steadily, owing to rapidly increasing human capital and rising investment in research and development.
We could also accelerate economic recovery, increase the pace of innovation, and raise livelihoods for millions of people worldwide.
It thus appears that the introduction of primaries represents an important
innovation
that gives to citizens a new way to participate in and contribute to public life.
One day,
innovation
could drive down the price of future green energy to the point that it lifts people out of poverty more effectively than fossil fuels do.
Globally, we should invest much more in such
innovation.
In short, as the Nobel laureate Angus Deaton has acknowledged, by creating new opportunities for a certain group of millions of people, while subjecting an enormous number of people to wage stagnation, unemployment, and economic precarity, globalization and technological
innovation
have helped to widen the gap between the haves and have-nots.
And, of course, they should sustain pro-growth policies that boost overall job creation and reduce unemployment, while rejecting barriers to trade or
innovation.
When this generation assumes the mantle of leadership, its members will turn their passion and curiosity about knowledge and
innovation
into real work.
Asia’s developing economies, including China, cannot reach their potential without foreign capital and
innovation
– something that advanced economies like Japan provide.
To be sure, China is working hard to catch up, with the government having identified entrepreneurship and
innovation
as essential to the evolution of the country’s growth model.
The kind of large-scale
innovation
occurring in advanced economies requires institutions that ensure the rule of law, intellectual property rights, and a genuine meritocracy, with the most deserving firms, not those favored by the state, having access to the funding and opportunities they need to grow.
A higher rate of global migration is desirable for four reasons: it is a source of
innovation
and dynamism; it responds to labor shortages; it meets the challenges posed by rapidly aging populations; and it provides an escape from poverty and persecution.
In addition to providing a much-needed source of skilled and unskilled labor, they contribute disproportionately to
innovation
and wealth creation.
Sustained economic growth presupposes inclusive institutions, because
innovation
– and the creative destruction and instability that it wreaks – depends on them.
As the low hanging fruit from catch-up growth is consumed, China, too, will be forced to choose between the economic and social freedom, innovation, and instability that only inclusive institutions can underpin and continued economic, political, and social control in the service of the elites who control the state.
The same message comes from computable general-equilibrium models of the global economy: even modestly freer trade helps domestic markets to become more efficient, and helps supply chains to become better integrated and transfer knowledge more readily, thereby spurring
innovation.
The financial
innovation
engine, in other words, could grind to a halt.
In rethinking economics and security, we will need to develop an approach that advances
innovation
within a framework of coordinated deliberation about future social and political arrangements.
First, mining needs an
innovation
overhaul.
But this “greening” is the result of hard work, innovation, and a complex understanding of the resource nexus.
Its governments should concern themselves less with regulation and more with allowing competition and entrepreneurship to flourish – particularly with respect to pioneering companies like Uber and Airbnb – and boosting
innovation.
Global leaders must commit to enhancing the quality of education and reduce the education gap by increasing school resources, improving the efficiency of educational institutions, and seizing the opportunities afforded by technological
innovation.
All too often, the advantages of low costs and social conformity were negated by corruption , arbitrary government and lack of
innovation.
Investments, both public and private, are needed to foster green growth, support
innovation
and entrepreneurship, contribute to closing the inequality gaps that have widened during the crisis, and help build the skills that are essential for more resilient economies and more inclusive societies.
Savings must be channeled to firms that need capital for
innovation
and sustainable job creation.
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