A vision for economics

What could our economy and society be like in thirty to forty, maybe even fifty years? Just doing the same things differently? Or doing really different things? What could those things be? And what could economics tell us about that far-term future? If you ask for such genuine vision, the reaction you'll most likely receive ranges somewhere between an innocent shrug and a linear extrapolation of the recent past: neither inspired nor very inspiring. With only few exceptions.

On the unintended consequences of innovation policy …

My appreciation for Ian Morris and his big thinking has been woven into this blog already at a very early stage. He has his finger on the pulse of society's fundamental challenges; his "paradox of development" eloquently paraphrases society's eternal quest for innovation, while pointing out that any solution can only be temporary.

How innovation policy can embrace novelty …

Innovation policy is a complex composition of tools that influence the innovation capacity and success of a society. This set of policies usually does not cover the entire innovation landscape, but leaves the fringes of the landscape unattended. Today, I'll first focus on innovation policy that embraces novelty, i.e., policy objectives especially tailored to novel supply and novel demand. I consider this a forward looking innovation policy.

Pushing the boundaries – Epilogue

Over the past few weeks I've visited the four quadrants of the innovation landscape (the short series of posts started here) to get a better idea of the boundaries between the quadrants and how they are pushed. Now it's time to zoom out again to take a look at the landscape as a whole, with two questions to consider: Is the landscape as symmetric as it seems? And how fast do the boundaries move?

On international collaboration

Globalisation is the evolving background and increasingly becomes the driving factor for many of our considerations and actions; and science, technology, and innovation are no exceptions to this trend. Today, I'll focus on how globalisation provides entirely new means and opportunities to solve problems. How does globalisation help us so that 1 + 1 > 2 ? That's neither black magic nor strange mathematics ...