January 8, 2016

ONE ECONOMY TO RULE THEM ALL:

5 Reasons the U.S. Is Great for Innovation : This is what sets America apart when it comes to thinking of the next big thing. (Gary Shapiro Jan. 8, 2016, US News)

2. The culture of American exceptionalism that has graced this nation since our founding encourages risk-taking. In the U.S., more so than anywhere else, success born of risk-taking and innovation is handsomely rewarded, and failure is viewed properly as a tool for learning.

Our country's credo of persistence is "If at first you don't succeed, try, try again." Consider Thomas Edison, who said of repeated setbacks in his quest to invent a practical light bulb, "I have not failed. I've just found 10,000 ways that won't work."

The U.S. is, and always has been, exceptional in terms of innovation, and the world wants to emulate us. If imitation is the sincerest form of flattery in this regard, China proves the point. As TechCrunch noted, the word "innovation" was mentioned no fewer than 71 times "in a communiqué issued after the Chinese Communist Party's recent plenary meeting, which focused on China's next five-year plan." If Beijing is serious about fostering innovation, it should focus less on five-year plans and allow consumers access to different ideas.

3. We are a nation of immigrants who have come together from all corners of the globe. Immigrating to the U.S. to create a better life is a mindset that encourages our best and brightest, regardless of their backgrounds or birthrights, to rise to the top. The diverse histories immigrants bring with them to our shores contribute new perspectives and great ideas. That's why Congress should authorize an increase in the cap on the number of H-1B non-immigrant high-skilled visas that can be issued annually.

Posted by at January 8, 2016 9:09 AM

  

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