Journal Article
Let a hundred flowers bloom! Decentralization and innovation
Abstract: Which is more likely to encourage creativity and innovation: a centralized or a decentralized system of support? That is, should large organizations and recognized experts determine who gets funding for their ideas? Or should small businesses, patrons, and foundations provide the primary support for innovation? In \\" Let a Hundred Flowers Bloom! Decentralization and Innovation,\\" Nakamura looks at the case for both sides using economic analysis, empirical studies, and anecdotal evidence
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Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Business Review
Publication Date: 2003
Issue: Q1
Pages: 21-33