For much of its history, the U.S. has been a place of innovation, where new ideas and products could flourish. But that era may be coming to an abrupt end, warns Clayton Christensen, who coined the term “disruptive innovation” and teaches at Harvard Business School.
Christensen, author of “The Capitalist’s Dilemma,” believes that American business practices are killing any potential for real growth. Rather than focus on the long term, businesses are obsessed with efficiency metrics and short-term returns. Continuing to do so, Christensen predicts, will put America in the same position as Japan, with an abundance of capital but nowhere to invest.
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To read the original article: Innovation Hub: Is America Becoming the Next Japan? | Xconomy
