Riding a wave of Innovation – “Innovation is the central issue in economic prosperity” – Michael Porter

Michael Porter of Harvard B-School fame got it absolutely right in the above quote.  The U.S. is presently going through a state of furious innovation in communications, nanotechnology, cloud computing, healthcare . . . The current market rally is being led by technology companies – businesses based on a paradigm of abundance vs. scarcity.  The following chart was prepared several years ago but remains very effective in laying out the case that we are in a 6th multi-decade wave of innovation. Jeb B Terry, Sr. April 5, 2012

Aberdeen Investment Management – a guide service for micro-cap technology investment

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