Unicist Standard: Innovation is the key for growth

Unicist InnovationInnovation is the basis for economic growth. Essentially, countries, cultures, institutions and individuals grow only in the fields where they are open to innovations.

There might be innovation builders or innovation users. While in both cases the growth effect is similar in the short run, in the long run, stable expansion is based on the capacity to innovate.

The essential concept of innovation describes it as a way towards growth based on the capacity to overcome scarcity sustained by the social capital reinforced by the innovation.

It must be said that ideologies are changed by the introduction of new technologies.

That is why many cultures are so reluctant to innovation. The introduction of Internet is an example of influence on the development of democracy.

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