Difference between revisions of "Future of Innovation Main Page"
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- question on this scenario: does the open innovation cause a mess i.e. too much information and ineffectual results, or do companies learn to adapt a new business model to filter and organise the chaos emerging from open innovation? (maybe the latter) <br> | - question on this scenario: does the open innovation cause a mess i.e. too much information and ineffectual results, or do companies learn to adapt a new business model to filter and organise the chaos emerging from open innovation? (maybe the latter) <br> | ||
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<b>Scenario 4- Global Innovation | <b>Scenario 4- Global Innovation Governance <br></b> | ||
To innovate, company needs resources. To get these resources, they invest and ensure through intellectual property that they can get a return on their investment. With the spreading of capitalism since 19th century, a big part of the investment comes from private investors who understand that by innovating the company will be able to be more profitable and therefore give them a return on the investment. Company innovation has no limit as soon as it satisfies the condition of return on investment and that it respects regulations. With the idea of self-regulating market, governments try to lower the fields they regulate and as a consequence give more freedom to innovation. Sometimes innovation is a great progress for the humanity (health etc.) but sometimes innovation can creates consequences very devastating for the humans (financial bubble, weapons of mass destruction, pollution etc.)<br> | To innovate, company needs resources. To get these resources, they invest and ensure through intellectual property that they can get a return on their investment. With the spreading of capitalism since 19th century, a big part of the investment comes from private investors who understand that by innovating the company will be able to be more profitable and therefore give them a return on the investment. Company innovation has no limit as soon as it satisfies the condition of return on investment and that it respects regulations. With the idea of self-regulating market, governments try to lower the fields they regulate and as a consequence give more freedom to innovation. Sometimes innovation is a great progress for the humanity (health etc.) but sometimes innovation can creates consequences very devastating for the humans (financial bubble, weapons of mass destruction, pollution etc.)<br> | ||