“The Future of Innovation - Taking a Global View”
Summary of Key Talks
They gathered different sources of research into a global picture of the innovation and talent markets around the world.
1. Innovation is a granular phenomenon, need to be analyzed in details – generalizations are difficult to make.
2. Three types of innovation centers: attackers, incumbents, integrators
3. Asia is catching up
4. Europe, US still with clear advantages, but Asia is catching up
5. Talent – becomes the key inhibitor, i.e. in Germany with current growth rate more than a million of highly skilled workers (a serious degree – engineers, MBAs, and alike) missing, will probably become a global phenomenon
6. Diverse challenges regarding innovation
7. Specific actions to accelerate innovation in different economies and industries
70-90% of new jobs come from startups in developing economies, the established companies have a very important role in the ecosystem – startups center around them, but the growth itself.
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