In his 1942 book, Capitalism, Socialism and Democracy, economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs, and technological changes were at the heart of economic growth. But it is only in recent years that “innovation economy,” grounded in Schumpeter’s ideas, has become a mainstream concept.
And since 2009, Aspen Institute’s Economic Innovation roundtables validate that innovation, to be effective, requires a real leadership impact that stems from collaboration, vision, and above all the will to direct progress for long-term growth. It is about how to harness any organization’s full potential through leadership mandates and actions for a sustainable future.
To read the full, original article click on this link: The 3 Pillars Of The Innovation Economy | Fast Company
