Question I am sometimes asked is this: “Innovation is a great thing and we would love to have it but what if we have to sacrifice other things we value for the sake of innovation, is it worth it? Should we be doing that? What about social justice, equality, etc.?” I want to give two responses to the question. One is going to focus upon the capacity of an innovative society to fulfill a multitude of social values not just the value of innovation. The…
Question I am sometimes asked is this: “Innovation is a great thing and we would love to have it but what if we have to sacrifice other things we value for the sake of innovation, is it worth it? Should we be doing that? What about social justice, equality, etc.?” I want to give two responses to the question. One is going to focus upon the capacity of an innovative society to fulfill a multitude of social values not just the value of innovation. The…
I am not an intellectual property lawyer, I’m not an expert on intellectual property, I’m not an economist on intellectual property particularly and hence my goal is not to make declarative statements about what we should do in legislation regarding intellectual property but to think about the kind of constitutional questions and the kind of balances that are involved in thinking about the relationship between innovation and intellectual property…
What is the connection between a free society and an innovative society? My lecture series occurred on the 50th anniversary of F.A. Hayek's The Constitution of Liberty. The 8th lecture examines the connections between Hayek's conception of a free society and innovation.
Lecture was filmed during MC 390 class, Fall 2009 at the Michigan State University Podcast Studio. Creative Commons License: Attribution, Noncommercial, No Derivatives; held by Michigan…
What's the connection between entrepreneurship and innovation? And how does it matter for fostering an innovative society?
Lecture was filmed during MC 390 class, Fall 2009 at the Michigan State University Podcast Studio. Creative Commons License: Attribution, Noncommercial, No Derivatives; held by Michigan State University and Ross Emmett. Used with permission. For details, see Ross Emmett's website, rossbemmett.com.
After looking at principles and basic institutions in the earlier videos, it's time to talk about some other features of innovative societies. We can call these intangibles, because they are not as identifiable as the institutions, but they also are not cultural factors. I identify these 5 of these intangibles, and talk in particular about networks, opportunities and hot spots.
Lecture was filmed during MC 390 class, Fall 2009 at the Michigan State…
We live in an information-rich and knowledge-based economy. That fact has prompted many to suggest that enhancing our knowledge base, creating knowledge intensive industries, and devoting ourselves to a knowledge economy would be the best way to secure our future. But this mistakes a special resource -- knowledge -- for the long-term basis of economic growth -- innovation. If we think about an innovation society as a society that is fundamentally…
Innovation is not the result of the lone inventor, but of collaborative creativity, or co-creation. But what is required institutionally and culturally to foster collaborative innovation?
Lecture was filmed during MC 390 class, Fall 2009 at the Michigan State University Podcast Studio. Creative Commons License: Attribution, Noncommercial, No Derivatives; held by Michigan State University and Ross Emmett. Used with permission. For details, see Ross…
The third lecture in the Constitution of Innovation series examines several key issues regarding innovative societies from the perspective of their capacity to handle failure. If innovation is finding new ways to use things to create value for others, then the opposite of failure is not success as we often define it -- making it, reaching the top, etc. In an innovative society, competition always pushes the successful to keep moving; you're only as…
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