Innovation
in sentence
3014 examples of Innovation in a sentence
Now, productivity increases and local
innovation
must pick up the slack.
My own research, carried out with Zhuan Xie and Xiaobo Zhang, shows that Chinese firms – especially in the private sector – have lately accelerated innovation, and are being awarded an increasing number of patents at home and abroad.
Called “open innovation,” it turns the traditional R&D model on its head and removes barriers to collaboration.
Based on the recognition that the whole can be greater than the sum of its parts, open
innovation
is a collegial way of working, in which sharing is everything.
As Africa’s youthful population continues to come of age, it will push for more
innovation
and less reliance on commodity exports.
In 2014, the AU adopted the Science, Technology, and
Innovation
Strategy for Africa (STISA) – a roadmap that calls for national and regional governing bodies to increase investment in research infrastructure, education, and other necessary conditions for technological
innovation
and entrepreneurship.
Whatever the outcome, the possibilities remain strong for Africa to enter into future partnerships with the UK and the EU to advance its own
innovation
agenda.
In the future, national and supranational issues will, one hopes, matter less for
innovation.
This will take place in traditional
innovation
hubs – in cities with research universities, existing tech and science sectors, and few regulatory hurdles for entrepreneurs.
When Africa’s potential for
innovation
and entrepreneurship is taken into account, a long-term perspective indicates a much brighter future.
At the national level, countries rely on the flow of knowledge among enterprises, universities, and research institutions to harness their citizens’ creativity and facilitate
innovation
and technological development – national
innovation
systems.
Such a system would share many characteristics with national
innovation
systems, but would emphasize cooperation to achieve global sustainability goals, rather than economic competitiveness.
Achieving global sustainability requires harnessing
innovation
in order to act faster – and around the world.
There is massive scope to accelerate approvals and land acquisition, structure contracts to encourage
innovation
and savings, and improve collaboration with contractors.
For
innovation
is what creates wealth and employment, despite -- or, rather because of -- competition from poor countries.
Given China’s past experience, we are likely to see a period of institutional innovation, characterized by marginal changes leading to a system of checks and balances on the exercise of state power.
Since then, rapid
innovation
has led to new applications for IVF and other assisted reproductive technologies.
Properly motivated, investors can boost renewable energy; invest in sustainable urban transport; encourage innovation; create jobs in cleaner technologies; raise productivity; and help shift the region away from its reliance on finite natural resources.
This approach would also create an opportunity to advance privatization, which could bolster
innovation
and competitiveness.
But we know that the single currency will be an
innovation
of unprecedented magnitude; and we cannot assume that it will proceed without turbulence, nor exclude the possibility that turbulence will lead to stress, or even to failure.
On China’s side, these include the “one belt, one road” initiative, which focuses on strategic investment, and its structural reform plans, which focus on making the economy more market-oriented and bolstering
innovation.
They are constantly under threat from
innovation
and new competitors that could disrupt their business.
As was true in the 1970’s,
innovation
is the key to effective solutions.
Business-led
innovation
and market-based solutions can drive a decisive global shift from crippling fossil-fuel dependency to more efficient renewable-energy systems.
Four decades ago, countries not only endured the immediate economic impact of the OPEC embargo; they leveraged the potential of the resulting oil shortages to spur
innovation.
Rather than privatizing, governments around the world are increasingly looking for ways to address their SOEs’ perennial weaknesses, including their lagging corporate governance, low productivity, and subpar
innovation.
Many SOEs and SWFs have recently established venture capital arms to target high-tech companies producing
innovation
that can underpin their core businesses.
Skilled labor is likely to emigrate faster, and extreme austerity, falling prices, and high unemployment – and the resulting likelihood of social tension – are not exactly conducive to investment, innovation, or labor mobility.
While this system does provide incentives for certain kinds of research by making
innovation
profitable, it allows drug companies to drive up prices, and the incentives do not necessarily correspond to social returns.
The patent system may even have adverse effects on innovation, because, while the most important input into any research is prior ideas, the patent system encourages secrecy.
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