Innovation works best when government does least?

follow The question of the nature of government’s role in social issues and the market has been debated to an impasse. So too, it seems, has its role in innovation. Does government support foster innovation? Or, does innovation work best when government does least? In 2010, the Economist magazine hosted a debate between the two camps, and fleshed out the arguments for greater or lesser contributions by government to the process of innovation.

http://www.dalelast.com.au/piskodrele/firyue/1078

source link Defending the theory that innovation works best when government does least, Amar Bhide of Harvard University and author of The Venturesome Economy argues that too-involved governments inevitably muddle the innovation process; they choose the wrong winner by supporting projects that are politically popular, as opposed to those deserving of investment. [Read more…]

buy Lyrica online uk