Tuesday, July 01, 2008

Uncle Sam, not so innovative after all!


IBM commissioned a survey to Zogby International in the US, and the results are – what do we say? – rather weird! It seems that one in four Americans believe that China is going to beat the mighty United States in the domain of innovation over the next decade, and emerge as the world leader in all things innovative! But hang on, it’s not really because Americans believe that Chinese are superior when it comes to innovation. It’s more because they feel that American establishments are not doing much in this area; about 70% of the 8,046 respondents felt that the government is not doing enough, while almost two-thirds felt that industry wasn’t doing great shakes for innovation either. And the good news is that although one in four Americans surveyed felt that the Chinese dragon was beating US in the sphere of innovation, 38.5% of them said that the US was still at the top when it came to innovation! So, we guess, there’s hope yet!

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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