A Plan To Help The US Innovate?
from the not-very-innovative... dept
One of the main themes appearing here, of course, is that we believe the economy is much better off when real innovation is encouraged. While many politicians seem to pay lip service to innovation (or, bizarrely, assume that the patent system is a proxy for innovation when the two are hardly related any more), a new report out of Washington DC points out that the US is losing its ability to out-innovate other countries and suggests a few steps to put us back on the right track. Some seem a bit goofy, such as creating a national Innovation Czar and innovation prize to encourage innovation. Others are the sorts of things that seem very obvious to plenty of people, but don't get much attention in DC, such as completely reforming our patent and intellectual property system. Of course, these days, we're more likely to get an "Innovation Czar" who thinks that the more patents we have, the more innovation he or she has presided over.
4 Comments | Leave a Comment..
- 'The Economist' And 'Financial Times' Already Writing Off ACTA As Dead
- Newspaper Boss Says Newspapers Need More Money... Because New Media Steals & May 'Destroy Civil Society'
- If The Internet Is Treated Just Like The Offline World, We'd Never Have Ridiculous Laws Like SOPA/PIPA
- Can Facebook Really Bring About A More Peer-to-Peer, Bottom-Up World?
- The Pirate Bay Press Release On SOPA: We Are The New Hollywood





Reader Comments (rss)
(Flattened / Threaded)
Money money money
[ reply to this | link to this | view in thread ]
Age of high overhead costs
[ reply to this | link to this | view in thread ]
Does Divorce reduce the number of innovators?
The divorce system!
It acts as a wealth transfer system from the rich to the poor, from the more capable to the less capable.
It tends to place the children with the less capable.
If the children are very bright they lose a lot: a parent who understands them
and can teach them at their level and help them develop their talents.
The bright parent can made them feel it is "ok" to be bright, instead of feeling alone.
The children lose the stimulation and example that having a bright parent at home provides.
Currently, due to the bias in the system, society provides an incentive to the less capable to start a divorce.
Until this is corrected, the costs of divorce in crime, mental health and lower educational performance will continue to burden society.
You only need a relatively few brilliant people to create a lot of wealth. Reducing their numbers slightly has a big negative effect.
The financial transfer also makes lawyers rich. So bright children do law; thereby drawing the bright away from creative wealth making activities for society.
Laws and judges can make the society rich or poor.
Who will start studying the system wide effects poor behavioral incentives, like divorce, have on society?
[ reply to this | link to this | view in thread ]
The Dreaded Czar Title
If you're ever offered a 'czar position', my advice: DON'T TAKE IT!!
[ reply to this | link to this | view in thread ]
Add Your Comment