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), discouraging innovative product competition and entrepreneurship. The larger part of cost escalation in US health care can be …
Persistent link: https://www.econbiz.de/10005642395
This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...
Persistent link: https://www.econbiz.de/10008565789
In the year 2000 at a meeting in Lisbon, leaders of the European Union (EU) articulated a set of goals for the Union, which have come to be called the Lisbon Strategy or Lisbon Agenda. The agenda had three main goals: to promote growth through innovation, to create a learning economy, and to...
Persistent link: https://www.econbiz.de/10009150900