Innovation affects everything.
Innovation brought the internet to the marketplace. It also brought the cell phone, the fax, overnight parcel delivery, spreadsheets, and word processors. Even demographic shifts such as the large elderly population can be traced to innovation-new diagnostic techniques, pharmaceuticals and modern healthcare. Innovation is the fuel for important economic engines such as globalization, more efficient business practices, nichification, the shift to services, technology and transportation. As more businesses become multinational and markets become even more primary, government as we have know it falls into eclipse.