Worldwide, financial and economic experts struggle to make sense of the credit crisis and the resulting economic recession and to find meaningful solutions. Everyone agrees that the situation contains unprecedented aspects, so that applications of lessons from the past do not guarantee success. We will need a paradigm shift to sort this out.
What is innovation?
Answer: Innovation is the process of value creation by applying knowledge in a way this didn’t happen before
Is innovation something you can learn or are you born with it?
Answer: Innovation is a competence that can be (further) developed. The early stage, including idea generation, is something everyone in principle is born with, but can be unlearned. Creativity can be killed! So, we should not stimulate innovation, but remove the barriers!