Tuesday, February 16, 2010

A sure-fire way to fix our economy

Due to the recession in our current economy, many articles are emerging about how to restore our economy. How do we become the best economy in the world once again? Many economists, politicians, historians, and others offer a wide range of solutions. Interestingly enough, while I do enjoy reading these articles with different solutions, there is a common ground that keep appearing among all of these articles....

Innovation

Yep, Simple as that. "Ultimately, innovation is what allows an economy to grow quickly and create new jobs as old ones obsolesce and disappear. Typically, one salutary side effect of recessions is that they eventually spur booms in innovation. Some laid-off employees become entrepreneurs, working on ideas that have been ignored by corporate bureaucracies, while sclerotic firms in declining industries fail, making way for nimbler enterprises." (source). I'll give you few easy examples:
  • Whitcomb Judson and his zipper
  • Henri Nestlé and his Nestle Company which is the world's largest food and beverage company.
  • Henry Ford and his cars
  • James Marsters and his TTY / TDD
  • Pierre Omidyar and his Ebay.com

it can be a simple innovation such as a zipper to something complicating like the Internet. 

Ladies and Gentlemen, start being creative and imagine!!!!!! Soon and sure enough, you can change the world, create jobs, become a millionaire or even a billionaire. There's no limits to our imagination and innovation. What's stopping you????? Go for it! :)

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