Multipolar Innovation – and Europe

August 14, 2014 • STRATEGY & MANAGEMENT

By Dan Steinbock

Emerging markets are no longer just “world factories.” Led by China, several are turning into global innovation hubs. Below, Dan Steinbock discusses how Europe can sustain innovation in the nascent multipolar world.

For a century, the major economies of Western Europe, the United States and Japan have dominated innovation. Today, they have been joined by large emerging economies, spearheaded by China. Can Europe maintain its innovation edge in the future?

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