Accelerate Quote by Robert Hormats
“Learning from the American experience, governments around the world have developed national innovation policies and programs to accelerate their economic prosperity and to help their citizens and companies compete globally.”
About This Quote
Source Speech: Economic Forum on Innovation Policy, 2018
Governments create national innovation policies to boost prosperity and global competitiveness.
In simple terms: Policy drives innovation and economic growth.
Key Takeaway
Support and invest in national innovation initiatives.
Themes
economics
policy
global competition
innovation
Mood
optimistic
concerned
Type
policy
analytical
When to use this quote
- Countries developing tech sectors
- start‑ups
- research institutions
- policy makers
Key Concepts
Industrial policy
public‑private partnerships
Questions to Reflect On
- What policies best foster rapid innovation?
- How to balance public and private roles?
A Different Perspective
Implementation can be hindered by bureaucracy and funding limits.
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