Innovation

Education, banking systems, peace stability etc..... etc... our modern societies are based on a large number of factors and the world becomes ever more competitive the search for an advantage becomes ever more urgent.
We analyze how different countries cultivate success and one word crops more than anything else Innovation. I always to laugh when I hear businessmen discussing innovation, the systems required to run modern business efficiently, the discpline required to progress through the hierarchies often crush creativity.

We should not be talking about innovation we should be talking about creativity.

The crucial elements are education, risk, freedom, open minded thinking and enough people stimulating each other.... transferring this into $$$ will always be something else.. Anything else is just putting new words and buzz phrases to something older, stimulating creativity is not difficult, willing to embrace what is required to stimulate it is harder as it involves.... risk...... business is risk averse....

Business should cut the crap about eco systems, about how to stimulate innovation.... and simply say are we willing to take some risks and gambles... The bigger question is does modern society and shareholders allow companies to take risks..... we have to embrace risk if we want to be innovative.