Report

Innovation, growth, and economic policy in an environment of change

Abstract: In this report, we explore innovation as the engine of economic prosperity and argue that the greatest strength we possess is our ability to induce and embrace change, from the integration of new technologies to new peoples and cultures. Indeed, if we hope to remain an ongoing, vital player in the global economy, flexibility is likely to be our most valuable asset.

Keywords: Economic development; Technology; Economic policy;

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Annual Report

Publication Date: 2003

Pages: 6-21