Has Innovation Declined Over The Years? With the acceleration of technological change moving at an astounding pace , we are inclined to think of our age as the most innovative era ever. We have smartphones and supercomputers, nanotechnologies and big data, gene therapy, stem-cell transplants and many more technological breakthroughs. Governments, universities and firms together spend around $1.4 trillion a year on research and development, more than ever before. Innovation is essential to an…
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