19th
Proposed Presidential Innovation
What the Presidential candidates think about innovation
Where do the leading Presidential candidates stand on the issue of innovation? The creation of new things that have value in the marketplace has always been a major force for generating wealth and power. But the rise of Asia is changing the geography of innovation, shifting it East, away from the U.S. and Europe. China and India have become not only low-cost sources for manufacturing and services, but also their universities and research labs are growing centers for talent—engineers, scientists, designers, inventors. It is no accident that governments in Asia and Europe are putting billions into building a creative generation of innovators. Wealth and power in the 21st century will increasingly depend not only on new products and services but also on new business models, health-care organizations, educational systems, and military forces.