Economy of Opportunity

Economy of Opportunity

The drive for innovation is being fueled at all levels of the human scale. At one extreme, empowered individuals employ their personal resources. At the other extreme, countries develop national programs to support innovation. Innovation is being applied to single products and to the development of cities. You, the reader, work and live on this scale and can innovate to the profit of your world. How can you enhance your own unique abilities and then connect with a team to produce something better than any one person could?

This book is about deconstructing the process of innovation to reveal the steps necessary to develop successful new products and services. It is about opportunity and the new global economy driven by that opportunity. This book is also about people, about the new breed of person who envisions and develops complete products and services and about the people who purchase and use those products. innovation is pragmatic to product developers and life-altering to the individuals and societies who use the new products.

As society adopts and adapts to a global infrastructure of busi­ness, as individuals demand new useful, useable, and desirable prod­ucts that flawlessly integrate into their lives, as global resource demands change, and as new technologies enable possibilities, inno­vation will drive a new economy of opportunity. This epilogue focus­es on people and opportunities in this new economy, exploring addi­tional examples of dynamics in social, economic, and technological factors at various levels of the Powers of 10, discussed in Chapter 6, “The Powers of Stakeholders—People Fueling Innovation”: new individuals, organizations, market segments, regional impact, global economy, and the new renaissance team of innovators.