Research by the Council on Competitiveness notes that, in the face of growing global competition, the only sustainable advantage for U.S. regions is continuous innovation.1 Innovation is the process by which individuals, companies, regions and even entire countries remake themselves in the face of changing markets. It is the driver of productivity growth and, ultimately, of a rising standard of living.
Full Report: http://www.compete.org/images/uploads/File/PDF%20Files/Cooperate%20Final.pdf