Difference between revisions of "Scenario 4 - Empire with Walls"
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==2025 - 2030== | ==2025 - 2030== | ||
[[File:borderless innovation.jpg|250px|right]] | [[File:borderless innovation.jpg|250px|right]] | ||
Governments from the East and West discuss forming regional organizations and new policies to enforce IP emissions compliance. The of doing business without exploiting natural resources. Local businesses in countries yet to with high tariff. The governments of these countries have been issued huge fines and had selected aid programs withdrawn, except for essentials like education and food. The Chinese and Indian companies are reluctant to fill the funding gaps because of their battle with IP violations, and they need the support of the International community to guarantee their protection. <br> | |||
The | Governments begin enacting policies to control carbon emission and IP protection with only the strongest of the new deputies surviving under the new policy regime. <br> | ||
The somewhat vanquished threat of new deputies and to continue with business, with a stronger sense of social responsibility and regard for environmental concerns. Their approaches to innovation borders on using sustainable technology to provide incremental improvements on existing products and established technology already live in the market, and they do this by staying close to their clients and being proactive in creating future needs based on current challenges. This allows them maintain a strong hold on their territories and create some sort of entry barrier for new players. They ensure the core of their creative talent pool is retained no matter the means, because of the need to maintain their competitive advantage and walled empires. The ideas and creations originating from these smart people is owned a hundred percent by these companies. <br> | |||
The period of consolidation leaves the Western hemisphere with few global empires/big brands that have vertically integrated their operations, empires resulting from acquisitions, mergers and the collapse of non-performing corporations. They have become financial stable, extremely wealthy with a vast range of assets and can begin to influence issues at the level they used to before the global meltdown. The smart acquisition strategy has left them with an international pool of brilliant minds and untapped ideas through which they can continue to power the innovation drive and expand market share. Towards the end of 2025, an embryonic level of collaboration between these companies on innovation and sustainability slowly begins to occur; there is now a sense of the need for high level partnerships and Government (s) support in areas of tax breaks for companies who re-focus on innovation aggressively and strict implementation of IP policies worldwide to ensure competitive advantage. <br> | |||
[[Future of Innovation Main Page]] | [[Future of Innovation Main Page]] | ||