1970 US Open (tennis) sudden death at 4-4. A red flag would be put up by the umpire’s seat to draw fan attention to the tiebreaker in progress. Most players disapproved of the tiebreaker but the visitors loved it. Ken Rosewall def. Tony Roche, 2–6, 6–4, 7–6, 6–3 Margaret Court defeated Rosemary Casals, 6–2, 2–6, 6–1 Pierre Barthès / Nikola Pilić defeated Roy Emerson / Rod Laver, 6–3, 7–6, 4–6, 7–6 Margaret Court / Judy Tegart Dalton defeated Rosemary Casals / Virginia Wade, 6–3, 6–4 Margaret Court / Marty Riessen defeated Judy Tegart Dalton / Frew McMillan, 6–4, 6–4 1970 US Open (tennis) The
Innovation economics Innovation economics Innovation economics is a growing economic theory that emphasizes entrepreneurship and innovation. "In his 1942 book, "Capitalism, Socialism and Democracy", economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs, and technological changes were at the heart of economic growth. But it is only in recent years that “innovation economy,” grounded in Schumpeter’s ideas, has become a mainstream concept." Joseph Schumpeter was one of the first and most important scholars who extensively tackled the question of innovation in Economics. In contrast to his contemporary John Maynard Keynes, Schumpeter contended that evolving institutions,