low innovation

The concept has been developed due to the combination of low innovation and high economic performance in the country.

Fulvio Castellacci argued that characterization of Norway's economy as a combination of low innovation and high economic performance is inaccurate; the problem is not with innovative activities yet as it is commonly believed; it is more related to the sectoral composition of the economy.

Regarding Homer-Dixon's claim that "equates resource extraction with low innovation," Gerson argued that Canada's current oilsands industry "required most a century of research, development and high-risk capital investment" while adding that "For a professor of any repute to associate oilsands with low innovation is patently ignorant."