Overcoming the Challenges to Global Innovation
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Overcoming the Challenges to Global Innovation Rob Atkinson, President The Information Technology and Innovation Foundation April 5, 2013
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19-Oct-2014 -
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ITIF president Rob Atkinson delivers the keynote address at the STGlobal Conference. STGlobal Consortium is an international, interdisciplinary organization of leading graduate programs in science and technology policy (STP) and science and technology studies (STS). Its mission is to inspire and challenge graduate students to contribute to the forefront of research on science and technology policy and social issues, and to foster mutual understanding in the S&T community.
Transcript of Overcoming the Challenges to Global Innovation
Overcoming the
Challenges to Global
InnovationRob Atkinson, PresidentThe Information Technology and Innovation Foundation
April 5, 2013
What is Innovation?
“To innovate . . . is to challenge and change the status quo to enhance the customer’s experience and bring new forms of value to them.” (General Electric)
“The transformation of existing conditions into preferred ones.” (John Kao)
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Why Do We Need Innovation More Than Ever?
Baby-boom retirement in developed nations requires significantly higher productivity growth if we want to not reduce real per-capita incomes.
Global challenges of climate, poverty, water, etc.
And because more innovation is good.
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Innovation Will Always Happen
“Technological possibilities are an uncharted sea.” Joseph Schumpeter
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But Today, Innovation Faces Headwinds Tyler Cowen: “The Great
Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better”
Robert Gordon: “The frontier established by the U.S. for output per capita, and the U. K. before it, gradually began to grow more rapidly after 1750, reached its fastest growth rate in the middle of the 20th century, and has slowed down since. It is in the process of slowing down further.”
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Threats to Global Innovation Success
Incumbent Opposition
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Threats to Global Innovation Success
Incumbent OppositionNeo-Luddites and Traditionalists
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Threats to Global Innovation Success
Incumbent OppositionNeo-Luddites and Traditionalists
Neoclassical Economists
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Threats to Global Innovation Success
Incumbent OppositionNeo-Luddites and Traditionalists
Neoclassical Economists
Businesses That Focus on the Short Term
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Threats to Global Innovation Success
Incumbent OppositionNeo-Luddites and TraditionalistsNeoclassical Economists
Businesses That Focus on the Short Term
Governments That Ignore Innovation
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Threats to Global Innovation Success
Incumbent OppositionNeo-Luddites and TraditionalistsNeoclassical Economists
Businesses That Focus on the Short Term
Governments That Ignore InnovationGovernments That Harm Innovation (Innovation Mercantilism)
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Overcoming the Threats
Embrace Anti-Ludditism
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Overcoming the Threats
A Bretton Woods for the Innovation Economy
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Overcoming the Threats
Embrace Innovation Economics
www.innovationeconomics.org/type
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www.globalinnovationrace.com
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Robert D. Atkinson [email protected]
www.itif.org
@RobAtkinsonITIF
www.innovationfiles.org
facebook.com/innovationpolicy
www.youtube.com/techpolicy
Follow ITIF
Thank You
