A feature in The Economist last month posed the question, "Has the ideas machine broken down?" In other words, have innovation and technology stopped driving economic growth worldwide?
That question has been more urgent as Boeing struggles with one of the most innovative aircraft to barrel down a runway in decades. Journalists at Bloomberg BusinessWeek wrote recently: "The Dreamliner's troubles reflect a wider trend. Innovation in mature economies such as America's...seem stuck in a perpetual holding pattern."
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