Speed: A Most Valuable Currency
Speed to product development and market is driving the Innovation Economy and changes the way we work and evaluate success. This is one of the reasons the role of federal, state, and municipal government becomes far more critical to regional success for wealth creation. Government can either slow down or speed up the process of business. It can provide the necessary infrastructure and resources, so technological innovation can thrive. Government investment in educational institutions, technology parks, and transportation, combined with enlightened regulatory policies, can enable regions to respond strategically to a fast-changing marketplace, attract multinational corporate investment, and nurture start-up businesses.