Report from Davos: More Regulation = Less Innovation

By March 15, 2005General

Check out this excellent report on the Superfactory blog, a report from an attendee at the World Economic Forum in Davos last month. This line jumped off the page at us: “The countries with the highest level of regulation have the lowest levels of innovation.” So obvious, but so great to see it in black and white. You’ll see a very clear sense that the EU is regulating itself into oblivion while India and China (and the US) run circles around them in terms of innovation, the heartbeat of manufacturing. Let’s hope we learn a lesson from the EU’s chosen path, one they’re trying mightily to reverse.