According to a new book, the United States’ decline in the race for global innovation advantage stems from a complacent and politically polarized America. Unless changes are made the US is fated for a slow, painful decline
In INNOVATION ECONOMICS: The Race for Global Advantage (Yale University Press; September 2012; hardcover), Robert D. Atkinson and Stephen J. Ezell, president and senior analyst, respectively, of the Information Technology and Innovation Foundation, explain that economic growth hinges on the ability to create new products, services, processes, or ways of doing business. The argue that while the U.S. has allowed manufacturing sector to decline rapidly, shifted R&D overseas, and squandered its resources on speculation, other nations have made the investments in innovation a priority.
But what about Canada? We are encouraged by the recent media coverage of this story:
Armed with new cash, Ontario Cancer Institute to poach top researchersWith millions coming from fundraising campaign, Toronto’s Ontario Cancer Institute making bid to become best in world by hiring top international researchers.
Entry filed under: Biotechnology News.