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Innovation in sentence

3014 examples of Innovation in a sentence

This not only hampers restructuring, but also makes firms hesitant to hire and inhibits innovation.
Nor is the claim that Islam is intrinsically inimical to innovation viable, because Muslim civilization has contributed mightily to science and art throughout history.
As Foshan has proved, cities have a unique capacity to support growth – including by fostering competition, advancing innovation, and phasing out obsolete industries – while addressing social challenges, tackling pollution, and creating a labor force that can cope with technological disruption.
Whereas China’s growth is fueled by low-cost labor as millions of peasants enter the industrial economy, this is not the South Korean recipe for success, which has been driven by private entrepreneurship, innovation, and quality products: Samsung and Hyundai, not cheap wages, are South Korea’s growth engines.
Striking the right balance between market-based product innovation and state-led institutional innovation will be the main challenge that China faces in the years ahead.
Moreover, freer trade would accelerate economic growth, owing to increased innovation and knowledge exchange.
Democrats want an active government that solves tough social problems, whereas Republicans want private-sector investment and innovation to do the job.
Last Taxi to EuropeROME – The contrast between Europe’s resistance to Uber and America’s warmer reception for the ride-sharing service highlights once again how European regulatory structures, in principle designed to protect consumers, end up protecting entrenched suppliers and stifling innovation.
And this is true in many other European countries and industries, where the structure of regulations protects suppliers more than consumers, hampering innovation.
We should value the innovation brought by new market entrants more than we value the protection of existing market participants.
In determining how to promote innovation without sacrificing social protection, economists and policymakers should take a lesson from the field of physics.
This will require carefully balancing the need to mitigate risks in the unregulated sector with the benefits that its efficiency and innovation provide to the financial system.
This eliminates risk from citizens’ economic lives, entrenching their dependence on the government and stifling entrepreneurship and innovation.
It is often said that private sector-led innovation is the key to enabling developing countries to leapfrog their way into the future.
It would be better still if governments were legally bound to use these independent forecasts in their budget plans (borrowing an innovation from Chile).
At the same time, the government is seeking to give markets a more decisive role in the economy, unleash the power of entrepreneurship and innovation, and respond more effectively to the needs and desires of a young, educated, and fast-growing middle class.
The kind of dynamic competition that leads to innovation is, after all, far from a centrally guided process, though public-sector choices in areas like basic research do have a substantial impact.
Websites where commercial artists submit designs for company logos and freelance editors offer services for authors promise to shed new light on issues like the determinants of innovation.
One area where business-method patents promise to spur innovation is financial markets.
The ETF was a key innovation that made it possible for investors to hold an instrument that effectively tracked the value of a specified portfolio, such as the S&P index, with low trading costs.
But once the idea was proven successful, it was widely imitated by other organizations, depriving the AMEX of a big share of the returns on its innovation.
The recent expansion of patent protection is designed to prevent these problems and to bring a faster pace of innovation.
Patents work well to promote creativity when innovation involves high costs for the innovator and low adoption costs for everyone else.
In such cases, the innovation would never be implemented without patent protection, because no inventor could ever recoup costs.
It came out that way because, for most of the period, the advanced countries benefited from market-driven innovation, while the emerging economies imported knowledge, exported goods and services, and had limited systemic impact on advanced economies.
Rather than backing individual sectors, some countries promoted innovation with across-the-board subsidies and tax breaks, while opening their economies to foreign competition and embracing market-oriented reforms.
With the pace of IT innovation increasing, monopoly power is also rising.
Such funding schemes’ great innovation is that the richest people would pay, regardless of their own country’s economic position.
Where is the economics of invention, innovation, adaptation, and diffusion?
At the same time, the new model that emerges will still have to account for major forces that sustained the old model, especially the forces of globalization and technological innovation that voter resistance will not stop.
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