Innovation
in sentence
3014 examples of Innovation in a sentence
While recent reports emphasize the size and growth of Islamic financial assets and instruments, it is the quality of services, continued financial innovation, and sound risk-management practices that will ultimately define their success.
What it sought to address was market power in a particular sector, not size per se, because market power leads to high prices and potentially reduces variety and
innovation.
Governments’ Self-Disruption ChallengeLAGUNA BEACH – One of the most difficult challenges facing Western governments today is to enable and channel the transformative – and, for individuals and companies, self-empowering – forces of technological
innovation.
Self-empowering technological
innovation
is all around us, affecting a growing number of people, sectors, and activities worldwide.
Fourth, governments should promote public-sector
innovation.
For example, schools in disadvantaged neighborhoods should be allowed to tender for funds for educational
innovation.
More fundamentally, why do these countries seemingly fail to exercise the kind of economic leadership and
innovation
that their histories lead us to expect, especially in the innovative high technology sectors that most define our future?
None of these favored categories of credit allocation produce the dynamism and
innovation
that is needed for long-term, self-sustaining growth.
Financial speculation and complex risky
innovation
may prove far more responsive than real economic activity to low interest rates.
The US Army is also pursuing tactical
innovation
in the Pacific.
But this welcome institutional
innovation
will not answer a more fundamental question: is Europe serious about having a coherent and vigorous foreign policy?
That objective will be determined by a process of discovery, experimentation, innovation, and creativity, with tradeoffs along the way.
So the baseline is high emerging-market growth, the key to which is
innovation
and adjustment of the growth path.
The only certainty is that the future will be defined by scientific progress and innovation, which cannot be known ahead of time.
Today’s educators should inspire our children towards creativity and
innovation.
Another important tool in the fight against corruption will be technological innovation, which can reduce opportunities for wrongdoing, empower citizens to highlight illegal practices, and enhance government transparency and accountability.
Financial
innovation
ought to be allowed to flourish, but not without better checks and balances.
Given modern financial systems’ demonstrated ability to create (and destroy) liquidity endogenously – via financial
innovation
and global mobility – financial and macroeconomic stability may become more difficult to achieve if monetary instruments and macroprudential tools are not used in a consistent manner.
Jonathan Zittrain, Co-Director of Harvard University’s Berkman Center for Internet and Society, has suggested that the United States, for example, could start with some basic funding for the kind of “science and technology
innovation
that gave us the Internet to begin with.”
Ultimately the Chinese Internet cat-and-mouse game will be won with innovation, not political pressure.
Across human history, always and everywhere, these basic faculties have demonstrated endless extraordinary
innovation.
Talent, innovation, and entrepreneurship will inevitably capture the lion’s share of the income being generated, and efforts to redistribute wealth can only be counterproductive, because they weaken the incentives that drive an economy forward.
The US needs to refocus the US-China trade agenda toward expanded market access in these and other areas – pushing back against Chinese policies and government procurement practices that favor domestic production and indigenous
innovation.
In those panics, financial
innovation
caused uncertainty and nervousness, but also induced an important and beneficial learning process.
According to the 2017 Edelman Trust Barometer, the public’s confidence in the status quo has collapsed worldwide, owing to widely held concerns about globalization, innovation, immigration, the erosion of social values, and corruption.
The wider social challenge, however, is to channel human ingenuity into welfare-boosting
innovation
rather than zero-sum gambling activities.
The fifth lesson is that not all
innovation
leads to a more efficient and productive economy – let alone a better society.
Private incentives matter, and if they are not well aligned with social returns, the result can be excessive risk taking, excessively short-sighted behavior, and distorted
innovation.
Instead,
innovation
was directed at perfecting the exploitation of those who are less educated, and at circumventing the regulations and accounting standards that were designed to make markets more efficient and stable.
This raises another challenge of technological innovation: we will need to support the transfer of proven technologies to poorer countries.
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