Innovation

Here's how we can boost research and development

Designer Anthony Grant works on his computer at Eventbrite headquarters in the South of Market area in San Francisco, California May 25, 2012. More than ever, technology entrepreneurs, and their investors and employees, are choosing the urban charms of San Francisco over the sprawl of neighboring Silicon Valley. In the South of Market district, the nexus of the city's tech industry, rents are soaring and latte lines are lengthening - conjuring memories of the dot-com bubble of the late 1990s. Picture taken May 25. To match Feature SANFRANCISCO-SILICONVALLEY/GEEKS      REUTERS/Robert Galbraith (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY)

There is not one way to bring about innovation, success may come from avoiding a start-up-based strategy Image: REUTERS/Robert Galbraith

Ricardo Hausmann
Founder and Director, Growth Lab, Harvard University
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