… to the real world.Not gears, but human beings. Landlord Land Engineer Labor Output Capital Investor Technology? Scientist
And real human beings are separated… by geography, culture, language, social networks, andlack of trust.
This happens across entire systems. Across an entire system
Elinor Ostrom, 1933-2012Nobel Prize in Economics, 2009 Zero-sum games can indeed become positive-sum
The Secret of Innovation Ecosystems Economies thrive when culture Across an entire system overcomes social barriers and fosters connectivity, trust, and collaboration between diverse people…
But how do we design networkswhere value comes from chaos?Can we engineer serendipity?
It’s not just creative destruction.Far more important—and harder—is creative reassembly.
The culture of the American frontierrequired strangers to trust fast, or die…
Rules of the RainforestRule #1: Break rules and dream.Rule #2: Open doors and listen.Rule #3: Trust and be trusted.Rule #4: Experiment and iterate together.Rule #5: Seek fairness, not advantage.Rule #6: Err, fail, and persist.Rule #7: Pay it forward.
How do humans change behavior? Across an entire system
Tools to Build RainforestsTool #1: Learn by DoingTool #2: Enhance DiversityTool #3: Celebrate Role Models and Peer InteractionTool #4: Build Tribes of TrustTool #5: Create Social Feedback LoopsTool #6: Make Social Contracts Explicit
What does it mean?OLD NEW1. Factors of production 1. Cultural transformation2. Clusters, technoparks, 2. Human connectivity, not just and incubators physical proximity3. Local first, then global 3. Wherever the value chain goes4. Writing smaller checks = 4. Fund managers and their venture capital human qualities matter5. Hiring by skills and 5. Character, trust, respect, role resume models matter6. Plan specific outcomes 6. Experiment, adapt, iterate7. Measure output 7. Measure environment
Rainforests thrive by nurturingwhat makes us uniquely human.