Mark W. Johnson


In Uncategorized on June 23, 2009 at 4:11 am

“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.” –Peter F. Drucker

In these times of economic uncertainty one sometimes wonders if the things we see coming from Washington is really being accepted by the public at large.

Innovation is an interested topic to reveal attitudes that would not normally come out if the questions were asked in another fashion. I think my philosophy teacher in college called this an deductive reasoning.

So the Consumer Electronics Association has done a poll of the American public’s attitude on Innovation. Not necessarily something I wake up in the morning and say “I wonder what people think about Innovation.” I saw the press release pop up in a Google Alert and as I looked deeper I really like what this poll has revealed.

From the CES website:

  • Only one in five Americans (21 percent) believe the U.S. is creating the best environment for innovation. Nearly half chose Japan or China.
  • More than one in three Americans (36 percent) believe that the U.S. will lose its innovative advantage and take a backseat to China.
  • Seventy-three percent of Americans do not believe that the U.S. educational system is best equipped to develop innovative leaders.
  • Ninety-two percent of Americans said that the U.S. national debt, currently at $11 trillion, will affect our nation’s long-term ability to remain an economic leader. The debt is projected to reach $20 trillion by 2015.

Read the complete release here.

CEA has also announced a new national grassroots “Innovation Movement” to focus U.S. policies on advancing innovation with the goal of ensuring continued U.S. global economic leadership.

Read more about that here.

So back to my main point. This Innovation survey reveals people are not happy about the bailouts, see current policy as a drag on our future ability to be successful as a country, and in a small part in the back of these people  minds you see that they understand this impacts them and their family and their kids ability to have better control over their future.


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