Monday, March 30, 2009

Will the demise of GM and Chrysler lead to a new push for innovation?

It is impossible to calculate the long term effects of the present dramatic changes i the auto sector. In the short term, there will definately be a lot of pain. However, in the the long term a glut of unemployed/underutilized engineers and skilled technicians could lead to a new surge of entrepreneurial and innovative business and start-ups.




Laid-off engineers learning new skills



Engineers in the Workplace



http://www.adventureofinnovation.com



Unemployment and technical innovation: A study of long waves and economic development :
It worked! Unemployed engineer who resorted to sandwich board advertisement by motorway lands a job

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