Cardwell's Law takes a bird's eye view on competition in innovation. Though well supported by historic evidence, it only addresses the symptoms, but not the underlying reasons why a society actually engages in such competition. Time to take second look.
Tag: economics
A bird’s eye view on competition
So far, I have viewed the innovation landscape through the lens of a single society and what happens inside it. However, there are many regional and even local societies, with partial overlaps, some commonalities and many differences. today, I’ll have an initial glance at competition in the innovation landscape.
Understanding innovation in 2014 …
Based on the story so far, it's safe to say that there are three recurrent themes for 2014 that will run through my posts in the course of the coming year. These themes have considerable overlap, still I sense it will be useful to sketch them separately here today.
How to cultivate innovation? – Part 2
Businesses, and the economy in general, are embedded in society; they are society's means to organise the exchange of goods and services. Innovation on the other hand always fulfils a purpose, thus creating value for society. Time to look at the institutions through which societies cultivate innovation.
How to cultivate innovation? – Part 1
Cultivating innovation is what every business leader must achieve to stay in business for more than just one product cycle. However, innovation is more than business, and the existing writing often misses that essential part of reality: the fact that business is embedded in society. TIme to look at this societal context of innovation.