Innovation is the engine for economic growth


Innovation is the engine for economic growth


Economists’ understanding of economic growth and development processes has evolved with the times to an appreciation, in 2019, that the engine of growth and development is innovation.

New products and services, novel approaches to social issues, and an entrepreneurial spirit of collaboration and creativity to implement new ideas, are vital now — perhaps more so than ever due to the increasingly competitive global market.

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- - Volume: 7 - WEEK: 36 Date: 9/5/2019 5:07:51 AM -