Huffington
Post ((Ralph Gomory, Research Prof. NYU, Pres. Emeritus, Alfred P Sloan Foundation, Former IBM SVP Science-Tech) - Specializing in innovation is an attractive idea, but a misleading one; an idea that blinds us to what we really need to do. We need to do more than produce exciting new ideas; we must also be able to compete in large productive industries. This requires us to both balance trade and to motivate our corporations not only to innovate, but also to produce in this country. While this is hard to do, it can be done. Specializing in innovation, though often recommended, is in fact a delusion, an alluring path that in reality will lead us straight downhill...
To read the full, original article click on this link: The NACFAM Weekly: The Innovation Delusion
Author: NAFCAM Weekly
