Much is always written about “innovation.” How to manage it. How to inspire it. How to benefit from it. How to create an environment where it blooms. So much lip service is paid to innovation that unfortunately many people tune it out. Certainly, ignoring the value of an innovation environment, or even making it harder to innovate, seems to be the status quo for many policymakers.
While few will call out innovation for criticism directly, companies that stand as icons of innovation have lately been scorned by populist politicians. In the midst of the challenge posed by the coronavirus pandemic, having a political class that appreciates innovation as much as the economy and consumers do is valuable. Unfortunately, California policymakers have sadly been standing by as the state’s innovation ranking continues to plummet.
The state had long led as a champion in innovation, a golden land where new inventions, creations and inventions were dreamt up and eventually made available to the world. California innovation changed the world again and again. But the state has sat on its laurels in recent months when it comes to innovation, failing to appreciate the policy environment that unleashed innovation in the first place. As policymakers sat idly by, or worse, intentionally created an atmosphere where innovation would be less likely, the state has sacrificed its leadership position and continues its diminished rating in state innovation standings.
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