September 2, 2014

Cydcor Reviews ‘Launching The Innovation Renaissance’

Here is Cydcor’s review of Launching The Innovation Renaissance: A New Way to Bring Smart Ideas to Market Fast By Alex Tabarrok.

About Launching The Innovation Renaissance: Launching The Innovation Renaissance is a short read, and examines how innovation is important to economic growth. More specifically, the book is authored by academic economist Alex Tabarrok and delves into how the US performs on innovation and how it can be improved.

Why Cydcor recommends it for future leaders: The main point Tabarrok looks to convey in his book is that the focus should be ending the period of innovative stagnation by improving polices and culture in five core areas: Education, global markets, cosmopolitanism, prizes and patents. He addresses each of these topics, showing how the US could improve if we had more appropriate laws and principles in place.

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The book does not offer solutions, but will allow future leaders to create their own ideas and suggestions, and create their own paths for reaching them. There is no step-by-step instruction on how to generate innovation for these topics, however the framework is provided along with thought-provoking questions that look to inspire the reader.

Our favorite part: Tabarrok speaks at length regarding the US education system, and how an increase in college attendance is not necessarily a benefit to the United States. He shows that while college graduation rates have increased during the years, they have not generated creative majors in the realms of Science, Technology, Engineering and Math fields for the growing demand in the job market.

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