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The Innovation Blind Spot: Why We Back the Wrong Ideas--and What to Do About It

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Our innovation economy is broken. But there's good news: The ideas that will solve our problems are hiding in plain sight.

While big companies in the American economy have never been more successful, entrepreneurial activity is near a 30-year low. More businesses are dying than starting every day. Investors continue to dump billions of dollars into photo-sharing apps and food-delivery services, solving problems for only a wealthy sliver of the world's population, while challenges in healt...