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The fashion industry is not alone in its surprising mixture of weak intellectual-property laws and strong innovation: haute cuisine, furniture design, and magic tricks are all fields where innovators produce new work without being able to copyright it.
"We are seeing strong innovation across more categories, across more products and across more technologies," Mr. Lafley said.
And businesses have strong innovation capabilities that can tackle the dual dilemma of raising people to a dignifying quality of life within the limits of our planet.
"Guardian Unlimited has demonstrated remarkable growth in user metrics, as well as continued strong innovation and the development of new revenue streams.
Dixons' position in its core markets of the UK and the Nordics continues to strengthen and the current valuation does not reflect the strong momentum in both regions driven by market consolidation and a strong innovation pipeline.
Tim Warner, the general manager of Urban Decay, said: "L'Oréal's strong innovation capabilities and presence in every channel of distribution will enable Urban Decay to reach its full potential in the marketplace".
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The group concluded that the U.S., by far, has the strongest innovation platform in the world.
Silicon Valley is the strongest innovation region in the world, and in no small part because of the robust venture capital dollars that fund risky startups to go big.
In a statement, Mr. Bloomberg said that Mr. Méndez-Santiago "leaves a strong foundation of innovation and efficiency" and that "his leadership has allowed seniors to more easily obtain rent increase exemptions, employment and home care".
In August, the strongest innovations will be selected and participants will take part in an immersive program that provides access to capital, creativity and capacity building.
And the iPhone X does have trade-offs – losing Touch ID is a blow, since it's one of Apple's strongest innovations in terms of convenience features for a mobile device, and one that has become essentially industry-standard across smartphone manufacturers.
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