Michael Dearing, a venture capitalist, has developed strong views on the similarities of innovators after screening over three thousand founders and funding over sixty companies since 2006. Dearing observed that the most successful founders are prone to certain “cognitive distortions”: biased, even objectively inaccurate, ways they think of themselves and filter information that enable them to make quicker and better decisions, bounce back from setbacks, and attract talent.
Starting a business? On this episode of The Big Bang Podcast I talk to Ja-Naé Duane, serial entrepreneur and co-author of The Startup Equation, about her mission to help one million entrepreneurs worldwide create one trillion dollars for the global economy. …
On this episode of the Big Bang podcast I interview Adam Green, senior editor in the Thought Leadership department at the Economist Intelligence Unit, sister company to The Economist newspaper, on innovation clusters.
Adam is the lead researcher for the Economist Intelligence Unit research on innovation clusters. The report info graphics and short documentary explore innovation clusters globally, discusses their key success factors, and looks at how they change over their life cycle. We have looked at examples from Bangalore, London, Boulder, Singapore and Estonia, with interviewees from the likes of Imperial College, the London School of Economics and techUK. We’ve been particularly interested to show how innovation clusters themselves evolve, and the challenges that success can bring.
Below are some questions we discussed:
What is one trait that determines success of an entrepreneurial ecosystem?
What are the critical components of an innovation ecosystem?
What is the key component to start with if no other components are present?
What cultural characteristics are necessary for an innovation ecosystem to function?
What evidence, individual and/or organizational, will tell us that this culture is developing?
How can we adjust and improve an innovation ecosystem to increase its effectiveness?
How do innovation clusters change over time?
It was an insightful conversation, and hope you find it useful.
I admit that I’m of the particular mindset of looking out into the world and find flaws— glitches in the system— and construct logical paths in my mind to fix them.
So far, in this podcast, we’ve discussed the possibilities of ideas that if created would improve the world. On this episode we flip the script, rather than asking if a new idea is a good one, we ask whether it’d be better if some of the ideas we cling to were killed off.
All good ideas must die (so that great ideas might live). With that said, similar to how you kill stupid rules to innovate, what ideas, if eliminated, would improve our life?…