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Top Quote: Characteristics of the Most Successful Economies

Posted by Bert Maes on May 21, 2010

The crisis has demonstrated that we can’t rely on finance to generate growth and drive recovery, but must restore innovation and manufacturing as the engines of added value in the economy, said Richard Olver, the chairman of BAE Systems Plc.

Olver said: The most successful national economies share characteristics as

  • excellent education systems,
  • high levels of investment in research and development,
  • strong links between industry and educational institutions (!),
  • determination to increase exports,
  • and an ability to translate research into products and services that sell.

Dear Reader: Do you know more characteristics?


One Response to “Top Quote: Characteristics of the Most Successful Economies”

  1. Frank said

    Freedom to invest, fail or succeed. Government limited to protect against fraud, theft and violations of civil rights.

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