Abstract
That innovation is the most powerful catalyst of economic growth is widely accepted. Joseph Schumpeter not only explained that long-run growth is driven by innovation but, as we noted in the last chapter, stressed innovation as essential to ‘getting things done’. What is not widely accepted is that local leaders — government officials, business people, and citizens — can be the drivers of that innovation.
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Magnani, M. (2014). Foster Innovation and Research. In: Creating Economic Growth. Palgrave Advances in Regional and Urban Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9781137427052_4
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DOI: https://doi.org/10.1057/9781137427052_4
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