18min chapter

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Matt Ridley: How Innovation Works, Part 1

Naval

CHAPTER

The Dynamics of Innovation

This chapter explores the critical distinction between invention and innovation, emphasizing that innovation is about practical application rather than just idea generation. It highlights the importance of collaborative efforts in technological progress, using historical examples and the ecosystem of Silicon Valley to demonstrate how collective contributions foster advancements. The narrative also addresses the geopolitical factors influencing innovation, suggesting a future where decentralized systems lead to a more collaborative and creative society.

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