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An innovation report written for Chile offers many recommendations that apply to the U.S. and most other advanced and emerging economies. Most notable, writes Guest Columnist Irving Wladawsky-Berger, is how the report expands readers’ understanding of innovation by placing it in a historical timeframe. "Innovation is essentially how individuals, communities and institutions deal with periods of accelerating changes and historical transitions," Mr. Wladawksy-Berger he writes. Companies and economies need to understand the major long term changes and “develop a vision of the future.”

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To read the full, original article click on this link: Innovation as a Journey into the Future - Wall Street Journal - WSJ.com