From the editor: A New Year of innovation
Colin GrimshawWarc
Economic recession is often a propeller of innovation. Some legendary businesses were created during an economic trough: the innovative entrepreneur James Dyson launched his eponymous vacuum cleaner company in the downturn of the early 1990s, while Bill Gates founded Microsoft in the recession of 1975.
So, as we begin 2013 with lingering uncertainty about the economy, with the US still suffering from a four-year toxic debt hangover, the eurozone's financial fragility still to be resolved, and even the BRICs experiencing slowing growth, perhaps now is the time for the...