The phrase "impeding innovation" is grammatically correct and can be used in written English.
It means something or someone that is hindering or slowing down the progress of new ideas and developments. Example: The strict regulations set by the government are impeding innovation in the technology industry, making it difficult for companies to introduce new products to the market.
Many larger institutions, especially some of America's stodgy major orchestras, may be impeding innovation.
This is not only unfair to smaller companies that have to pay tax; it is bad for economic growth, allowing corporate giants to entrench their position, impeding innovation and competition.
Intuit's efforts have made friends from the most tech-savvy members of Congress, including Republican House Majority Leader Eric Cantor (CrunchGov Grade: A) and Rep. Zoe Lofgren (CrunchGov Grade: A). "Government should avoid impeding innovation in the private sector because commercial innovation almost entirely occurs in the private sector," wrote former Lofgren to her colleagues in 2005.
But does that impede innovation in Chinese society?
Quite often in economic history, such associations have also worked to impede innovation and creative destruction.
"The purpose of regulation is not to impede innovation but to ensure safety and effectiveness of medical devices," he stated.
But business groups have countered that the measures will reduce profits, impede innovation and limit job creation.
He maintains that rising consumption will keep enriching us for "centuries and millennia" to come, but only if governments don't impede innovation.
The six complainants said Qualcomm charged "disproportionate and discriminatory" royalties for patents, undermined confidence in standard-setting processes, impeded innovation and raised costs.
Other chief executives have suggested that "difficult" designers can impede innovation, although that view would not be shared by most fashion experts, who consider creativity paramount.
It's yet another example of a case in which monopoly power impedes innovation and reduces societal welfare and, perhaps more importantly, your blogger's welfare.
