Saturday, April 27, 2013

James Allworth — Explainer: How Corruption Is Strangling U.S. Innovation

Tesla. Uber. Netflix. Most economies would kill to have a set of innovators such as these. And yet at every turn, these companies are running headlong into regulation (or lack thereof) that seems designed to benefit incumbents. The reason? The devastating impact of money in politics and how it discourages disruptive innovation among new businesses. Click through this explainer to learn more about legal bribery and U.S. competitiveness:
Harvard Business Review — HBR Blog Network
Explainer: How Corruption Is Strangling U.S. Innovation
James Allworth

1 comment:

Roger Erickson said...

It's always been like this.

Perennial personal & formal survey results are that it's dramatically worse in all other countries. Far worse.

That said, we are, indeed, receding back into the pack.

Why? Complacency, methinks.