How lobbyists are killing American innovation

12/9/2012 | Harvard Business Review online

American businesses are increasingly using their lobbying muscle as a substitute for innovation, giving cash and urging legislation aimed at stifling rival companies and technologies, writes James Allworth. "Given how hard it can be to survive a disruptive challenge, and how effective lobbying has proven in stopping it, it's no wonder that incumbent firms take this route so often," Allworth writes.

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