economic factors

Ramping Up External Innovation Fatigue

Without wishing to be political, I have to say that I am worried about the future of innovation in light of “external innovation fatigue factors” that arise when government creates imposing barriers for innovators, especially for small businesses and lone entrepreneurs. As we note in Conquering Innovation Fatigue, the problem is often one of unintended …

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Job Growth Through Sound Intellectual Property Rights and a More Efficient Patent System

Gene Quinn’s article, “ Proposal: Unlocking Job Growth with Patent Acceleration” over at IP Watchdog, reminds us of the powerful link between IP rights and economic growth. It’s an issue we take up in Conquering Innovation Fatigue when we discuss Hernando de Soto’s findings (countries with respect for property rights have much better economic growth …

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More on the Experiment in Brasilia

I recently shared a presentation about the economic innovation in Brasilia, where bold actions to reduce the size of government and strengthen the climate for private sector growth have resulted in record unemployment and social progress. I have some additional information I’d like to share on some of the foundational work that has been done …

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For Economic Recovery, Let’s Strengthen the Patent and Trademark Office–Not Rob It of Resources

One of the most interesting patent attorneys on the blogosphere is the inimitable Gene Quinn of IPWatchdog.com. His top five patent stories of 2009 are especially noteworthy. He doesn’t exactly hold back on his opinions about these stories, and for the most part I have to agree. All of these stories fit in with the …

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A First National Bank of Innovation? Let’s Consider the Reasons Banks Aren’t Actively Supporting Innovation Now

In the latest Harvard Business Review, Edmund S. Phelps and Leo M. Tilman have a short essay calling for government action to better fund innovation. In “Wanted: A First National Bank of Innovation,” they paint a picture that agrees with what we describe in Conquering Innovation Fatigue, where we review some of the “innovation fatigue” …

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Beware the Unintended Innovation-Killing Consequences of Laws and Policies

The road to innovation fatigue is paved with good intentions embodied in laws, regulations, and even corporate policies. Leaders at all levels must be aware of uninteded innovation-killing consequences that may follow from their good intentions. Staying in touch with the “voice of the innovator,” as we advocate in Conquering Innovation Fatigue, is vital in …

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The View from Singapore: Vision and Leadership in Conquering Innovation Fatigue

I just returned from an adventure in innovation and culture in one of the world’s most delightful and innovative nations, Singapore, where I spoke about innovation during Innovation and Enterprise Week 2009 sponsored by A*STAR, the government’s large program for the advancement of scientific technology and research. What remarkable vision is at play in this …

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The Upcoming Innovation Crisis: Talent Management

David Semb’s outstanding essay, “The Upcoming Crisis in Talent Management” for Chief Learning Officer magazine, points to a tsunami of trouble ahead for US corporations in terms of retaining the know-how and experience that makes business run. The demographics point to a huge loss of experience and knowledge in the next few years. While innovation …

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The Palm Pre: How a Focus on Short-Term Results Can Destroy the Fruits of Innovation

As I began writing this post, my wife was in a car a thousand miles away with a brand new smart phone. I received a call on someone else’s phone informing me that my wife’s smart phone had quit working completely after following the instructions she received from tech support to fix the GPS system …

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Kauffman Foundation Study: Over Half of Fortune 500 Companies Began in Recession or Bear Market

Anecdotal evidence of innovation thriving in times of economic trouble have found broader confirmation in a recent study from the Kaufman Foundation. Their press release, “Kauffman Foundation Study Finds More than Half of Fortune 500 Companies Were Founded in Recession or Bear Market,” summarizes the story nicely. Here is an excerpt: According to a new …

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