Let a hundred flowers bloom! Decentralization and innovation
Which is more likely to encourage creativity and innovation: a centralized or a decentralized system of support? That is, should large organizations and recognized experts determine who gets funding for their ideas? Or should small businesses, patrons, and foundations provide the primary support for innovation? In " Let a Hundred Flowers Bloom! Decentralization and Innovation," Nakamura looks at the case for both sides using economic analysis, empirical studies, and anecdotal evidence
Year of publication: |
2003
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Authors: | Nakamura, Leonard |
Published in: |
Business Review. - Federal Reserve Bank of Philadelphia. - 2003, Q1, p. 21-33
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Publisher: |
Federal Reserve Bank of Philadelphia |
Saved in:
freely available
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