What’s the next big thing? Forecasting innovation pathways by looking for patterns in patent filings - extracting flow from stocks
This is just the beginning as patents expire this year - West African Inventor Makes a $100 3D Printer From E-Waste
If we truly want our passion to flourish, we’ll need to change all of this. We’ll need to be innovative at an entirely new level. Rather than focusing narrowly on technology and product innovation, we’ll need to broaden our horizons and engage in institutional innovation, imagining and then crafting an entirely new set of institutional arrangements based on a fundamentally different rationale for institutions. We’ll need to begin the long march through our institutions and redesign all aspects of them from the ground up. We need to challenge the most basic rationale for why we have institutions to begin with. Our existing institutions were built on a rationale of scalable efficiency. It was easier to coordinate and scale transactions if they occurred within a single institution, rather than spread across multiple institutions…It’s no surprise that these systems sought to squash passion – passion leads people to take risks as they embark on new quests, passion drives experimentation and tinkering, and sometimes even bold leaps, that undermine tightly integrated systems, and passion drives people to connect in unexpected ways that are not carefully programmed in advance. Passion drives us to learn faster in our never-ending quest to achieve higher levels of impact within our chosen domain. But our institutions today are driven by scalable efficiency, not scalable learning. In fact, scalable efficiency (at least as traditionally defined) is profoundly hostile to scalable learning – how could anyone really learn in an environment that is highly risk averse, standardizes all activity and tightly specifies every step that must be taken?
A rebuttal to those who claim that 2013 was a lost year for tech from Om Malik
Restructuring of companies and industries is likely as means of production like CNC equipment are democratized through innovation
Twice as many successful entrepreneurs are over 50 as under 25 - Vivek Wadhwa tackles the myth of the young entrepreneur