Innovation 1.07 03042010

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This is the first of a series of conferences for French Executives in the the attempt to open their eyes and their minds in the search for an answer to the future following the dictum "if you can\'t beat them....join them and swim with the sharks"

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"A laser, is a solution seeking a problem.”

1964 quote from a NYTimes article on

Theodore H. Maiman the man who built the first operational laser

Overture

Allegro moderato

How much does it cost ?

Who benefits ?

Who pays ?

When can you deliver it?

What are we talking about ?

Symphony of I-N-N-O-V-A-T-IO-N

First Movement

Andantino

Innovation never

disappearsbecausecuriosity neverdies

Culture & Education

Culture fosters curiosity

Education structures & channels

curiosity

When culture is latent and education is monopolized in its access and crystallized by a caste Nomenklaturacuriosity wanes away

The only innovation is marked by the cooptation of classes of Apparaticks & their self-reproduction as part of the Nomenklatura

Latent culture +

Nomenklatura oriented education =

stifling curiosity =

Zero or little innovation

Intermezzo

Second Movement

Andante con brio

Absolute need for

Curiosity & Empirics

Absolute need, through empirics, of curiosity

surfaces where there is a starving hunger for ideas and economic improvement of self,

where the undetected of today and the unexpected of tomorrow are motors of venture and adventure that will create wealth and in the process defy Nomeklatura and challenge the Apparatick

Where the dream becomes reality is where there is a fertile environment

Intermezzo

Third Movement

Fuga

Venture Capital &

Management of Risk

human, environmental &

financial

the sense & appreciation of risk based on needs and desires

Human Capital

the “hungry” of the world that are structured in their claim of sharing the richness as spelled out by Adam Smith & Marx & Keynes, the prophets of HOPE

Environmental

Where Academia and Industry work hand-in-hand un-afraid of the vulgarity of the word profit and un-tamed in their desire and want to advance Science & Technology for the well being of themselves, their organizations,

their scholarly institutions

Financial

Where Capital flows

Where risk is assessed on the basis of three simple questions

How much will it cost?Who will benefit?

When can you deliver it?

Intermezzo

Fourth Movement

con Fuoco

Unlocking Innovation

UnabatedAmbitiousSolitary

Relentless

Pursue of a

Dream coupled with

RemorslessRuthless

S-E-L-F-I-S-H-N-E-S-S

(as in sense of self )

&

L-U-C-K

(sense of self-predestination)

Keeping in mind that

those who

D-A-R-E

WIN

“Les grosses boites finissent par produire d’abord de la la hierarchie”

quote from the article

Bâtisseur de rêves – a portrait of Elon Musk

Le Monde , Mardi 30 Mars 2010

SELF-REPRODUCTION OF

NOMENKLATURA =

COOPTATION OF APPARATICK =

BLOOD RELATION S=

MENTAL DEFICIT OF IMAGINATION=

END OF DREAM = NO INNOVATION

Innovation

Version 1.07

03/04/2010

© F.E. Pozzolini, 2010

pozzolini@pozzolini.com

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