Innovation

Innovation is a source of economic growth. Including the impact of new technology and the incentives that stimulate creativity, innovation is important for a market system. Depending on current events, econlife considers the impact and source of past and present innovation that includes the industrial revolution, the transportation revolution, the information revolution and people like Steve Jobs and Andrew Carnegie who made it possible.

A 13 Minute Delivery

With “click to plop” in just 13 minutes, last week’s totally automated Amazon drone delivery to a real customer can create huge cost savings.…

The Newest NASA Challenge

By crowdsourcing innovation through a contest, NASA hopes to solve a poop problem with financial incentives that have dependably spurred invention.…

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