Conference to Focus on How Innovation Can Propel Nations and Lead To Lasting Global Progress and Prosperity

Newswise — The Economist will hold its third annual Ideas Economy: Innovation conference on March 28, 2012, 9 a.m. to 7 p.m., at the Haas School of Business at the University of California, Berkeley. This year’s event will focus on how innovation can propel nations and lead to lasting global progress and prosperity.

Berkeley-Haas Professor Laura D. Tyson, S. K. and Angela Chan Chair in Global Management, will join the brightest minds in business, academia and beyond, to discuss the connection between innovation and economic growth. Tyson is currently a member of President Obama’s Council on Jobs and Competitiveness and Secretary of State Hillary Clinton’s Foreign Affairs Policy Board.

Staggering growth in developing economies, as well as new networking technologies and a renewed spirit of entrepreneurialism, is democratizing innovation throughout much of the world. Yet, huge global risks threaten to impede the pace of innovation. With crucial presidential elections unfolding in many large countries throughout the world in 2012, now is the time to answer important questions about how to boost innovation, to propel nations, improve businesses, and solve the world’s toughest problems. The Ideas Economy: Innovation event will examine the role of governments, corporations and individuals as drivers of innovation and economic progress.

“The most explosive problems facing many societies today are economic malaise and a middle class squeeze,” said Vijay V. Vaitheeswaran, China business and finance editor for The Economist. “This conference cuts right to the heart of the solution: the surest path from stagnation to rejuvenation goes through innovation.”

Chevron is the gold sponsor, and Top Tier and Austrade are the silver sponsors of Ideas Economy: Innovation. The Haas School of Business at the University of California, Berkeley, is the host sponsor, and the Hotel Durant is the hospitality sponsor. InnoCentive is the Challenge Partner for the Ideas Economy series.

For more information on the program, speakers, or to register for the event, please go to http://ideas.economist.com/.

This event is open to press. For media registration, please contact Amy Jaick at [email protected] or 212-641-9834.