Innovation Economy

Plenty of Work But Where Is The Knowledge?

October 21, 2011
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Mixing diverse combinations of knowledge assets, and not all common knowledge assets, accelerates the process of Innovation. Think of all the music that is yet to be created for lack of musicians to play the different instruments.

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The Science of Change

October 17, 2011
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The key is that we need to change ourselves. We need to transform, not them. We don’t need to occupy Wall Street, we simply need to occupy Main Street because that is where they occupy us.

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Collaborative Consumption Is Here To Stay

April 8, 2011
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Collaborative consumption is here to stay because it represents a higher value economy than forest-to-dump consumerism. The financial deficit is simply the inadequacy of Money to articulate Social Value.

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Social Networks and Innovation Banking

November 1, 2010
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People are trading knowledge assets in social media. This exchange is denominated in social currency. If we mimic the structure of the Financial System with the emerging structure of Social Value Systems, we see a huge opportunity to develop an alternate financial system that can capitalize and securitize knowledge assets in social media.

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American Day Dreams

October 14, 2010
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This video is from an extraordinary Seattle Musician named Aaron English. I have known Aaron for several years and follow all of his work. He is always up to something completely interesting. Aaron can say more in 4 minutes that I can say in 100 blog posts.

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Death By Résumé

September 19, 2010

We are entering a renewal in the work force. The global imperative is for the United States to become an innovation economy now. This is an entirely different animal than the Industrial revolution; I have long argued that the résumé system is by far the most archaic knowledge management “currency” of trade in use today.

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What’s Your Cut of the $5 Trillion Knowledge Economy?

September 3, 2010

Your knowledge and experience also helps others predict what preferences you may have and what decisions you may make. Corporations, advertisers, banks, insurance companies, and politicians all want to know this and they will go to extreme and expensive measures to get it – why not just sell it to them?

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The Definition Of Innovation Must Change

August 30, 2010

Most good ideas can’t find a place to be profitable in a silo, so they are scrapped. This is not the fault of talent or the idea, but invariably, both are lost.

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Social Capitalism and The Innovation Bond

August 18, 2010

It follows to reason that all of the innovation that could return somewhere between 10% and 1000% goes largely un-capitalized. Now, suppose that an innovation bond were to come along which produces a risk adjusted return of, say only, 15% per year denominated in a fungible currency, investors would seek refuge in the Innovation Bond.

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Cluster Funk

June 10, 2010

The term “Innovation Clusters” makes for a good soundbite for politicians because it fits on a banner they can stand in front of (thumbs up) and waving the “I’m for Jobs” banner for the next election cycle. It keeps funds flowing to organizations to publish studies that conclude that more studies are needed. Maybe these “summits” ought to be renamed, Cluster Funks because that is all that they actually promote.

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