New Areas of Innovation: Healthcare, Education, Products for the Ageing, Mega-cities

Back from the Collaborative Innovation Summit in Providence, RI, the third annual conference held by the Business Innovation Factory. The lineup was impressive: from Clay Christensen, Harvard professor and author of the seminal book The Innovator’s Dilemma, to Mark Cuban, the entrepreneur who has successfully leaped from investing in pioneering tech way back in the 1980s to professional sports and now to appearing on the TV show “Dancing with the Stars,” no less. (He showed up in a stretch limo, accompanied with an entourage wearing “Vote for Mark” T-shirts and was greeted by paprazzi.) What struck me was a consistency of a couple of themes that ran throughout the summit: one, that collaborative innovation (between public and private sectors, between academia and industry) is what will help the United States find solutions to the healthcare and education challenges we face today, specifically. Not to mention inspiring discussions on new areas where to apply business-innovation strategies, namely to creating appealing new products and services for older customers (consumers in their 50s, 60s, and beyond) and researching global megacities (Mumbai, Cairo, etc.) in more depth.

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