Next Steps

Business Innovation Economics

Those who know will have already realized that the knowledge described here is not only new, but also lies beyond the corresponding academic leading edges. The reason is simple. Commerce shelters a gigantic reservoir of relevant data and tacit know-how on innovation, which insiders can formalize far more easily than can ever be achieved at a remote campus. The underlying knowledge has evolved slowly from a commercial desire to develop the mathematics of creative destruction for use in technology forecasting, an incubation that dates back to the 1980s and earlier. But by now the outcomes are offering a lot more, specifically 1. rigorous identification of innovation as the primary source of economic growth, leading to 2. reliable new tools of analysis capable of benefiting many innovative applications (from economic performance to quality in life) that are currently in want of them, where 3. transfer to the public domain requires partnerships; of individuals, institutions or, indeed, of nations.

Contacting Chris Farrell at Technology Matters for an update on the current situation is the point of entry for participants.