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.
Tag: organisation
The essence of technology
If you ask people's ideas about technology, you'll get a mixed bag of answers. Ranging from outright fascination, through perfect indifference, to utter scepticism. What you won't get, though, is a clear expression of what technology is at its core.
How much innovation can society cope with?
Earlier on I posted that innovation essentially is change that generates value for society. From that perspective, society should just embrace every bit of innovation it could get hold of, shouldn’t it?
understanding innovation 