In Long Run, Downturn Will Be Good for Innovation

October 16, 2008 · Filed Under Blog Postings

Thanks to Anand Sanwal for his two part post on the reasons that the downturn will be good for innovation. He makes the point that bad times push losing strategies out of the market and also encourage the best and brightest brains to move away from finance to drive innovation in other sectors. In the long run, this will be good for the economy overall.

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