Where does innovation come from, and how can we foster more of it? That question is becoming critical around the world as every nation faces a transition to a new economic order. The global economy is forcing every industry to squeeze out inefficiencies and meet competition from anywhere in the world. The automobile industry is a wrenching example. Just marshaling capital to take away markets from other nations isn't enough any more. In many industries, if you aren't world class, you are out of business. As we become very efficient at making things, the route to prosperity is through new and emerging industries rather than just trying to build a better mousetrap.
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