Many of you wrote in response to my question last week, Can innovation work at the National Government level in America? I want to thank you for your thoughtful feedback, it's fantastic to see such a lively debate!
Over the weekend, Business Week published an article on a similar topic, entitled Can America Invent Its Way Back? They delved into what they term innovation economics, and the reasons that innovation could soon become essential in our economy. They also published a video interview with, Michael Mandel, who is the Chief Economist for Business Week.
I'd love to hear your thoughts on this piece and the topic of innovation economics. Will innovation, particularly open innovation, keep America competetive? I'm particularly interested to hear from those of you who live outside the US on this one. How much has open innovation (or crowdsourcing) caught on where you live?