Friday, April 26, 2013

"How Corruption Strangles US Innovation"

Which just goes to show that despite US growth which is emblematic of the massive gains we've seen, these gains, brought about through innovation, have not come without cost or easily (HBR):

Tesla. Uber. Netflix. Most economies would kill to have a set of innovators such as these. And yet at every turn, these companies are running headlong into regulation (or lack thereof) that seems designed to benefit incumbents. The reason? The devastating impact of money in politics and how it discourages disruptive innovation among new businesses.

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