Boiled Frogs The world is entering a turbulent and demanding economic period. Over the past few decades job growth and prosperity have dramatically slowed in America and many other developed countries, including Japan and the European Union. In America GDP growth has declined from 4% in the nineteen nineties to under 2% per year. Larry Summers has referred to this as the “new normal.”
Can We Agree on the Basics? I was recently asked to define a number of basic innovation terms. Below are some of the most important. I would greatly appreciate your feedback. I will address the issues and thoughts you provide in future posts.