Projected oil use cost and importation over the next 10 years is $10 trillion. That's the greatest transfer of wealth in the history of mankind.
American ingenuity applied to any problem usually serves up net results. During war, innovations are forced into reality due to necessity. Humans working literally under the gun, means improvisation with a real deadline.
According to a 1995 study by the Organization for Economic Cooperation and Development, periods of high productivity run right beside periods of high job growth throughout the last half of the 20th century.
"An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage."
- Jack Welch
former CEO, General Electric
“Innovation leads to job growth directly and clearly,” said Robert Atkinson, president, Information Technology and Innovation Foundation (ITIF), a non-partisan "think tank".
In a new ITIF report UC Davis scholars Fred Block and Mathew Keller analyzed a sample of innovations recognized by R&D Magazine as being among the top 100 innovations of the year over the last four decades. (See full report.)
The ITIF was launched in 2006 and is co-chaired by Jennifer Dunn and Calvin Dooley, former members of Congress.
The mission is to "formulate and promote public policies to advance technological innovation and productivity internationally, in Washington, and in the United States. Recognizing the vital role of technology in ensuring American prosperity, ITIF focuses on innovation, productivity, and digital economy issues."
C-Level. News.
The Magazine