Many advanced economies are facing a the challenges of low-growth, high-debt, low degree of innovation, loss of competitiveness. Luckily, however, there are those who still believe we can leap our way out of the quicksand, which is
for the most part psychological. Magnani examines the sociological aspect of economic development through a bottom-up approach.
Articles, AspeniaComments Off on Innovation, tradition and circulation of ideas: the Italian path to growth
There is no need to read Adam Smith and Joseph Schumpeter to know that innovation has always been one of the major sources of productivity increase and one of the major engines of growth. Italy needs to find new paths of growths and innovation can play a key role in this. At the condition that we debunk two myths: 1) that being creative is alone sufficient to be innovative; 2) that the ability to innovate of a country depends from the number of its start-up, specifically of those in hi-tech sectors