The Conversation (blog):
No, we aren?t running out of new ideas
23 November 2017
We’ve picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by Nicholas Bloom, John Van Reenen and their co-authors. The paper argues that productivity growth has been low or declining since the 1940s, despite an increase in the number of researchers. The idea is that a rising number of researchers should lead to an acceleration of productivity. A proven good idea can potentially be applied to the whole production system and so a rise in researchers should increase this effect. This message should be taken seriously but not simplistically.
Also in:
Phys Org
No, we aren’t running out of new ideas
https://phys.org/news/2017-11-ideas.html
&
Friday 24 November
Swinburne University of Technology News online
No, we aren’t running out of new ideas
http://www.swinburne.edu.au/news/latest-news/2017/11/no-we-arent-running-out-of-new-ideas.php