How Innovation Works by Matt Ridley is a book that delivers 100% on its title. His writing is well-researched, engaging and full of applicable insights — if you happen to be anywhere near an innovation.
However, Ridley warns that Europe, in particular, has stalled: “Of Europe’s 100 most valuable companies, none – not one – was formed in the past forty years. In Germany’s Dax 30 index, just two companies were founded after 1970; in France’s CAC 40 index, one; in Sweden’s top fifty, none at all.”
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