
How Innovation Works - Featuring: Matt Ridley
The Political Orphanage
Innovating Beyond Invention
This chapter delves into the distinction between innovation and invention, examining historical examples of how innovation evolves over time. It critiques the patent system's role in stifling creativity and collaboration while advocating for alternative models of promoting innovation through government investment. Additionally, it highlights the often-overlooked serendipitous nature of discoveries, revealing how many advancements arise from unintended outcomes rather than linear processes.
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