With a good government that modernised the state administration, simplified taxes and stimulated competitiveness, they could do even better.
R&D subsidies are often considered the main policy tool to stimulate the competitiveness and the innovativeness of firms.
Of course part of Macapagal-Arroyo's rationale for stimulating the competitiveness of the private sector through innovation was the provision of jobs for Filipinos, which can in turn can help solve social problems.
The aim was to encourage companies – especially small and medium enterprises (SMEs) – to introduce design management procedures to; improve their competitiveness, stimulate innovation, establish a European knowledge-sharing platform, organise the Design Management Europe Award, and to identify and test new activities to promote Design Management.
The meeting of the three, at which they announced broad agreement on the need for what they called "urgent action" to stimulate economic growth and competitiveness, had been overshadowed by sharp complaints in Italy, Spain and other European neighbors that the three countries were trying, as the Italian prime minister, Silvio Berlusconi, put it, to form a "directorate" that "Europe doesn't need".
In a similar vein, the environmental regulation can also stimulate the innovation and competitiveness among firms (Orlitzky et al. 2011).
And while they agree on the importance of reforming the tax code to stimulate economic growth and competitiveness, they disagree on just about everything else.
Since any threat to the livelihood of small farmers increases the risk of domestic food insecurity, there is a need to establish some kind of targeted support mechanism to increase smallfarm productivity and competitiveness and stimulate rural economic diversification (FAO, 2000a).
Exports would have gained competitiveness, stimulating some growth.
Just like Reagan, Jeb's brother George, and Mitt Romney in 2012, Jeb talks about simplifying the tax code, boosting American competitiveness, stimulating growth, and restoring "the opportunity for every American to rise and achieve earned success".
