Why we fail on innovation: A macro perspective on the ecosystem
summary
Governments pump tax money into grants, super-deductions and R&D yet measurable disruptive output is missing: Norway spent $1B/year for 10 years with zero outcomes, the 2006 drop in triadic patents links to a shift toward scalability/commercialization, and UK 250% R&D deductions produce no patent payoff. Incubators prioritize safe, incremental projects — incubators avoid disruptive projects (80%) — while examples that work are process wins (Uber’s pooling model) or product pivots inside large firms (Google Maps).
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chapters (8)
- 0:00The definition of innovation
- 2:36Innovation vs. implementation
- 6:03Macro perspective on funding
- 9:31Case study: Uber and trends
- 12:18Global innovation strategies
- 15:33Data on government spending
- 18:56Challenges in large entities
- 22:51Future outlook and conclusions
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