But starting in 1983, the inflation beast defeated, a new era of vigorous growth got under way, based on innovation and long-term investment.
But in a global economy based on knowledge, based on innovation, no development strategy can be based solely upon what comes out of the ground.
Entrepreneurship based on innovation is where the action will be.
We identified the 100 most innovative companies in the world (based on innovation premium calculations conducted with HOLT at Credit Suisse and published by Forbes) and interviewed their founder entrepreneurs and current CEOs.
The Secretary highlighted the steps the Department of Energy was taking to encourage innovation, including including the new Advanced Research Projects Agency for Energy and several Energy Innovation Hubs (nicknamed Bell-lablets) based on the storied Bell Labs innovation model.
After its acquisition by Yahoo in 2005, some critics believe Flickr got mired in its integration with Yahoo at the expense of pursuing product innovation based on what its loyal band of users would want next.
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But companies will continue to face rising risks and costs by relying strictly on molecule-based innovation.
Levitt uses IBM (computers), Texas Instruments (transistors), Holiday Inns (motels) and RCA (television) as examples of companies that were successful based on imitation, rather than innovation.
Patent laws and, more broadly, laws that encourage innovation are based on some of our most ancient legal regimes and have been around since the dawn of civilization.
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The America I know and love is based on liberty, progress and innovation, and we draw our strength from the promise that America is exceptional in its quest to always do it better.
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The ANII is an important partner in scientific and technological cooperation for sustainable human development in Uruguay, focused on moving towards a learning society and to an economy based on knowledge and motorized by innovation.
He is a co-author of recent research that found competitions can have a positive effect on innovation, based on an increase in patents awarded when the 19th century Royal Agricultural Society of England held competitions for agricultural innovations like new reaping techniques.
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For more articles on innovation and disruption based on Clayton Christensen's research, please click here.
The mindset surrounding how the CIO should function is based on traditional approaches that limit true innovation.
She believes, though, that 21st-century leadership should be based more on hope, aspiration, innovation and beauty than on the replication of historical patterns.
Above all, focus relentlessly on true innovation and broad based economic growth.
This is an acknowledgement that is particularly sweet not only due to incredible field of technology companies in our region, but because it is based on contribution to quality of life and innovation along with achievement in our field of use.
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During the 11-day duration of the 37th International Traditional Crafts Show, held from 22 October to 7 November at the Parque Bicentenario in Santiago de Chile, exhibits included the eight works that have been awarded the Seal of Excellence, a national distinction that seeks to highlight quality in handicrafts, based on the criteria of excellence, authenticity, innovation, respect for the environment, and market potential.
Based on our experiences and observations, the kind of innovation that transforms businesses requires the intersection of three things: 1.
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From the Innovation of the Week winners we select an Innovation of the Month and Quarter based on ROI and positive impact on the company.
Rosen argues for the government to do this based on four areas: learning outcomes, access, low costs and innovation.
Their innovation, reported this week in Science, is based on desorption electrospray ionisation (DESI), an analytical technique which can be deployed in the field.
"For decades now, Ethernet has provided the flexible connectivity foundation on which application innovation and the bandwidth explosion have been based, " said Brad Smith, senior vice president and chief analyst at LightCounting.com, an optical transceiver and high-speed interconnect market research firm.
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The rankings reflect the number of U.S. utility-patents, which are the most common type of patents awarded for protecting intellectual property and technological innovation, received by companies around the world in 2010 based on data from the U.S. Patent and Trademark Office (USPTO).
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This includes good regulatory practices, ensuring that state-owned enterprises compete on a level playing field, market-based trade in digital goods and innovation, and addressing challenges faced by small businesses.
Innovation: The team creates thousands of evolutionary designs during the racing season, based on terabytes of sensor data, test runs, and computerized simulations.
The survey was based on telephone interviews with 1, 000 executives in 12 countries, all of them involved with innovation at the level of vice president or above.
By prioritizing innovation with a global perspective, we can embrace a new model of American influence based on understanding that what is good for the world is good for America.
But governments should determine what will best nurture accountability and innovation before breaking the chains on their data, a recent report by the Albany-based Center for Technology in Government (CTG) found.
Innovation takes a back seat when the biggest companies are gunning for litigation and bans on competitors based on existing patents.
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