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Perspective

Nov. 28, 2012

California's unrivaled capacity for innovation

Every few years commentors solemnly pontificate about how fiscal problems, a bad business climate, or too many regulations have broken California's business dynamism and innovative capacity. By Martin Kenney


By Martin Kenney


Every few years the New York Times or a Texas governor solemnly pontificate about how deep fiscal problems, a bad business climate, a dysfunctional state government, a faltering economy, or too many environmental or other regulations have broken California's business dynamism and innovative capacity. So for fun, I began preparing a summary of measures of innovation and entrepreneurship in California. As I gathered the data, the results...

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