Here some interesting bits from Rich Bendis on innovation.
The specific topic in on economic development in Iowa, but the
comments speak very well to anyone who thinks innovation and the
intangible economy doesn't include all sectors:
Basing our economic development efforts on innovation will benefit both agricultural and manufacturing industries.
. . .
The benefit of an innovation economy is not limited to larger metro areas and tech centers. One example of this is from two Iowa agricultural companies, Pioneer and Monsanto. As they increase yield in corn per acre, it has increased a substantial return on investment for those companies and farmers; in addition, it has also increased the wealth in communities, and has increased the overall wealth and economic stability of the state.
To read the full, original article click on this link: A broad view of innovation and economic development - The Intangible Economy
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