Studies in innovation – An initial curriculum

In order to frame the concept of innovation literacy, today I’ll try to sketch a curriculum for “Studies in Innovation”, focussing on “How to think about innovation?” My story line will build on three guiding questions: What is the world around us made up of? How does that world behave? And how do we act in this world? While I’ll keep my focus on the needs of innovators and policy makers, I believe the essence of this little programme should be of interest to a wider audience.

How change begets more change

Back in 2002, Carlota Perez published an original, daring and bold concept that describes our long-term social development. For her, technology, economy, and society each play a vital role, each of them by itself drives change, as much as it is driven by the changes of the others. Here’s a very initial introduction to her thinking.

Policy innovation at work

Today I’ll present a timely example and, I hope, an inspiring glimpse of how European policy-making actually works. It goes like this: On 4 July, economics professor Mariana Mazzucato spoke in Helsinki about the mission-oriented approach to research and innovation that the Union should adopt. Questions will come readily to your mind: Why now? Why there? Why she? And of course: So what? Let’s go through.

The risks of economic narrow-mindedness

It is all too tempting to judge an economy’s health simply by its growth rate. No big wonder then that many economic policies are devised with growth as their only goal. However, this approach grossly simplifies the complexity of an economy’s inner workings. Rather than searching for the one perfect signal of economic success, we should take the opposite angle and try to understand what could go wrong. Today, I’ll offer a more detailed sketch of this concept to illustrate how our own economic narrow-mindedness makes us susceptible to economic failure, i.e., how a singular focus on growth blinds us for many important aspects of economic health.

The Third of the Grand Revolutions

There’s a lot of talk about the Digital Revolution and the effects it had, has, might have. Let’s take a step back to put things into perspective: Could it be that this revolution is a lot larger than we usually think? Are we currently experiencing the beginnings of a major transformation not only of our technological base, but of the very […]