Collaboration Between Private and Public Sectors for Innovation

The chapter discusses the importance of collaboration between the private sector and the public sector in terms of innovation and impact. It highlights the shift from the past when only large institutions and the government were at the forefront of innovation due to the high cost involved. However, with the decreasing cost of innovation and the rise of intellectual leverage, the government now struggles to keep up and needs the top innovators from the private sector to step up and work together.