Innovation Comes During Recessions

from the necessity-breeds-innovation? dept

Remember last week how Business Week was saying that due to the economic downturn we might be having an “innovation drought”? It would make more sense to think that a lack of capital would lead to increased innovation since companies need to be more creative about how they do things. Now, here’s an article from that points out a number of large, well-known, long lasting tech firms started during economic downturns. It’s not exactly a scientific study, but it makes a good point.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...