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First, let’s start with what is the innovation economy. It sounds an awful lot like a buzzword. Well, maybe, but as buzzy as it may sound, innovation economics is a real thing. Scouts honor. This relatively new theory of economics is based upon the idea that knowledge, entrepreneurship, innovation, technology and collaboration fuel economic growth.

Look no further than the We are Made in New York campaign, which seeks to connect the city’s tech startups with its jobs seekers. Government is now supporting the idea that technology and innovation spurs economic growth. Mayor Bloomberg stated in Mashable, “The growth of the tech industry in New York City has been a critical part of weathering the nation’s economic downturn, far better than the rest of the country.”

To read the original article: What is the innovation economy and why should you want to be a part of it | Startup Institute