Innovation, values and high-tech trade – IMD Criterion of the Month

By Arturo Bris and José Caballero, IMD World Competitiveness Center.

In this Criterion of the Month we take a look at the innovation/high-tech trade interactions.

Observers indicate that innovation requires a set of values that enable “creative destruction” processes which in turn depend on attitudes that reward necessary risk-taking. At the same time, those values make it acceptable to “fail” while endeavoring to innovate.


Povl Tiedemann
March 2016


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