How America is Losing Its Innovation Edge, Why it Matters and What We Can Do to Get it Back
Not long ago, Americans could rightly feel confident in our preeminence in the worldΓÇÖs economy, as we set the pace for everything from the personal computer to the internet, from Wall Street to Hollywood, form the decoding of the genome to Web 2.0. So why is it that today Finland has the worldΓÇÖs most competitive economy? Why do US students rank 24th in math literacy around the world and why, in a reverse ΓÇ£brain drainΓÇ¥, did 30,000 highly trained professionals leave the US to return to their native India in 2005-6? Let us look at some of the worldΓÇÖs leading innovation centers such as those in Singapore, Denmark and Finland to see how they are trumping us in their more focused and creative approaches to fueling innovation. From this information we can form a groundbreaking plan for a national innovation strategy that would empower the US to actually innovate the process of innovation.