The document discusses innovation and provides insights from Mike Parsons and Mary Rose. It defines innovation as new combinations rather than just new ideas or products. Successful innovation involves networks of people and skills both within and outside organizations. While inventions may not lead to innovations, successful innovations commercialize inventions through complex processes.
36. History is about Continuity and Change:75% of all around us today had its origins between 1866 - 1914
37. Radical innovations have shifted economic systems: Energy generation power from water steam from coal electricity from steam turbines and oil electricity transmission
44. 'New Scientist' suggests that to debate the end of civilisation as we know it could be valuable!
45. A new style of capitalism? 'A message that businesses may find they are surprised to agree with. ' Financial Times Jonathon Porritt grapples with capitalism's reality - a system capable of delivering sustainability and enhancing well being, Adair Turner (Director General of CBI 1995-9)
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47. Innovating to Survive: End of the 'nice decade' The credit cycle has turned and commodity prices are rising' Mervyn King, Governor of the Bank of England May 2007 August 2008 The UK is facing its worst economic crisis in 60 years October 09 Recession collides with technical innovation threatening established business models.