We have entered what might be called the era of "frontier economics." As older, easier sources of economic growth are drying up, the prospects for continued dynamism and prosperity hinge more than ever before on pioneering entrepreneurial start-ups to explore and extend the technological barrier.
This puts national economies under a constant pressure to knock down artificial barriers to competition. In other words, in their search for economic growth, countries need to make their economies more entrepreneurial.
To read the full, original article click on this link: Now more than ever, we need creative destruction - The Globe and Mail
