IMF Podcasts

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Mehran Gul on the Innovation Blindspot
Wednesday, 16 September, 2026

While much of the big technological innovations of the past decade have emerged from the United States and China, innovation happens everywhere. The Swiss train system, for instance, has run entirely on renewable energy since the early 1960s. Why do so many prominent tech leaders now choose to live in Canada? Mehran Gul is the author of The New Geography of Innovation. In this podcast, he says the obsessive focus on Silicon Valley has obscured significant innovative models being developed in other countries. Read the article in the IMF's Finance & Development magazine: IMF.org/fandd