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The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World By Amar Bhidé. NOTE : To appreciate this presentation [and ensure that it is not a mess ], you need Microsoft fonts: “Showcard Gothic,” “Ravie,” “Chiller” and “Verdana”.

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The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

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  1. The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World By Amar Bhidé

  2. NOTE:To appreciate this presentation [and ensure that it is not a mess], you need Microsoft fonts:“Showcard Gothic,”“Ravie,”“Chiller”and“Verdana”

  3. Sustainable Innovation: Systemic. Very complex. The NECESSARYCOMBINATION (very dense network) of EVERYTHINGfrom the development of the Basic Science to numerous INTERMEDIATEStages to Sales Recruiting and Training and Ads. Essential: Clever and numerous AGGRESSIVECONSUMERS*(“venturesome consumption”). Path to success or failure … UNPREDICTABLE. FYI: The World is NOTFLAT. *From Transistor at Bell Labs to on-line gamers. Source: Amar Bhidé, The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

  4. Sustainable Innovation: Systemic. Very complex. The COMBINATION (very dense network) of EVERYTHING from theBasic Science*to Sales Recruiting and Training and Ads. Essential: Clever and numerous PIONEER CONSUMERS (“venturesome consumption”). Path to success or failure … UNPREDICTABLE. *Of modest value [& origin mostly irrelevant] unless the ENTIRE INNOVATION CHAIN is in place and aggressively interacting-competing. Source: Amar Bhidé, The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

  5. Sustainable Innovation/“Breakthrough Ideas”: • High # of Stages/Stages- • within Stages • Importance of • Intermediate Stages • (3) Engaged Mega-scrum • of Users/Consumers • as Participative/Decisive • “Pull” Mechanism(e.g., UPS • vs. FedEx) • Source: Amar Bhidé, The Venturesome Economy: How Innovation • Sustains Prosperity in a More Connected World

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