Phil Windley asks: Whither innovation?

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Whither Innovation

I think corporate R&D and competition is the primary source of innovation. Secondarily, it's the academic community whose horizons are however longer-term.

Enterpreneurial activities and VCs while critical, do not create innovation but bring innovation to the marketplace and thus make economies more efficient and effective.

I'm not sure about the value Open Source brings to the table of competitive creativity. Too, academic and open source do not accrue to corporate competitiveness given the nature of their open domains.

My metrics are more the marketplace indices, examples of which include the savings and investments in the economy, relative compensation paid to engineers and computer scientists (a proxy for the relative attractiveness of these careers) and their enrollments/graduations from universities, etc.

On many of these,and other indices, the US seems to be in a state of innovative dissipation, if not decline.

Posted by: techknow@...   Posted on: 01/25/05 You are currently: a Guest | Members login | Terms of Use

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