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One way to get GROWTH back on track

Meet Michael Mandel. Mike is an economist, winner of of the Gerald R. Loeb Award for his coverage of the New Economy, author of several books including Rational Exuberance, and holds a PhD in economics from Harvard.

His recipe for the US to get back on track in terms of growth?

“… US companies need to focus on creating more INNOVATIVE goods and services …”

In the October 27, 2008 issue of Businessweek, Mike goes on to say that when the US government undertakes fiscal stimulus measures, some of the money should fund INNOVATION.

Innovation is a growth driver. Let not the scary times blind you to innovation opportunities.

First posted in WordPress on November 6, 2008

Comments

  1. AnonymousJuly 14, 2009

    This is a copy/paste of a Reader's comment on this post, which was first published in WordPress.

    "Yes. I perfectly agree with this statement.

    This is the time for Innovation. This is the time for re-strategizing your approach. This is the time to pickup your speed, catch up with the front runners and forge ahead.

    Nurture all your differentiators and keep them ready. When the market starts picking up, you are the first one to win the race." - G. Ramanathan (IT consultant)

    ReplyDelete

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