Last week, in a well-reported address, New York Mayor Michael Bloomberg made an impassioned argument that stimulating innovation is an essential federal economic role around which Democrats and Republicans can and should find common ground. Bloomberg called innovation “capitalism’s most powerful force” and said “Unless we innovate, we cannot hope to succeed. And if we do innovate, there is no way we can fail.”
The mayor then laid out six steps towards creating an innovation-based economy: instill confidence, promote trade, reform regulations, cut business taxes, invest in job training, and fix immigration.
To read the full, original article click on this link: The Federal Role in Encouraging Innovation: The "I's" Have It - Innovation Policy Blog
