Innovation Needs Inventors

The video discusses the underrepresentation of women, minorities, and low-income individuals in the inventor pool, highlighting the role of early exposure and opportunities in innovation. It explores various policies to stimulate innovation, including supply and demand-side approaches, tax credits, and direct subsidies. The role of the state in addressing market failures and promoting inclusive growth is emphasized. Strategies to increase innovation through diversity and the impact of industry concentration on competition are also analyzed.

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