Innovation Gets (Mostly) Harder

This isn't quite my experience. More like, people with ungrounded and infeasible ideas, with little understanding of how to implement them, are making their way into leadership positions.

This happens less with people who rose through the ranks and actually have the knowledge and skills to implement the idea

The ever increasing role IP plays in the innovation process is also a major problem, where innovating turns into crossing a legal minefield. The endgame of our patent system is total stasis in innovation and invention

https://pubs.aeaweb.org/doi/abs/10.1257/jep.27.1.3