Innovation, entrepreneurship and growth : some facts

الملخص EN

Innovation is an essential driver of economic progress that benefits consumers, businesses and the economy as a whole.

America' s genius for innovation and entrepreneurial drive is well known with our openness and enthusiasm for practical innovation—to be the primary reason for America's economic preeminence, Economists have calculated that approximately 50% of U.

S.

annual GDP growth is attributed to increases in innovation.

This paper aims to defining innovation and demonstrate why we need innovation, and how it can spread throughout the country.

The second objective is to will mention the location of innovation, where it started and the extension of innovation to new part of the world.