Exact(12)
Rather like markets, innovation should not be seen as an end in itself.
But, as with most businesses and markets, innovation and progress are paramount to continued success.
In government, some hoped he would not merely maintain that statist approach, but improve on it, by stressing markets, innovation and communities.
Longer-term German success, according to Mr. Hüfner, is threatened by a lack of structural reform involving the labor and product markets, innovation and education.
"The agenda you set recognises that the keys to ensuring economic growth … are trade, open markets, innovation, investment in infrastructure, ensuring we have economic reform behind the border".
I believe we need to radically deregulate our system to let markets, innovation, and competition work effectively, while creating a strong safety net.
Similar(48)
A difficult read, but worth it".The Free-Market Innovation Machine", by William Baumol.
Mr. Feiler in Vienna says the best hope is market innovation.
But, with its latest marketing innovation, Chipotle is returning to an old formula.
The seemingly drab condiment business has had a flurry of marketing innovation recently, as companies try to differentiate products.
But what makes this a revolution, rather than simply a market innovation, is the scale and speed of drug development.
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