Regulation needs to catch up with innovation.
Innovation Quotes
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Never lose this innovation spirit.
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Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation – microfinance – involves making small loans to poor entrepreneurs, usually in developing countries.
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Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call ‘incremental innovation’ – innovations that build, in some way, on others.
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Energy innovation is not a nationalistic game.
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NASA is an engine of innovation and inspiration as well as the world’s premier space exploration agency, and we are well served by politicians working to keep it that way, instead of turning it into a mere jobs program, or worse, cutting its budget.
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