Based on the following talk by Tim Harford: http://www.mindtheproduct.com/2014/01/innovations-that-matter/ There are different kinds of innovations. Innovating through marginal improvements is highly visible, measurable and overly appreciated. But not every innovation is a marginal improvements. Some are long shots. To succeed in long shots you need time, space and freedom from the pressure to deliver each day. It's not OK, not fair for all of us to get benefits of a long shots, but leave all the risks to an individual innovator. Let's share the risks of long shots as we share their benefits.

1. LONG SHOTS
MARGINAL IMPROVEMENTS VS
LET'S SHARE THE RISK TOGETHER

2. DIFFERENT KINDS OF INNOVATION
LONG
SHOTS
MARGINAL
GAINS
MARGINAL
PROGRESS
EVERY DAY
EITHER MAJOR
BREAKTHROUGH
OR A FAILURE

3. WE, AS A SOCIETY, ARE NOT TOO GOOD
IN HANDLING LONG SHOTS
IT'S EASY TO THINK:
"THAT'S TOO
UNREALISTIC, THAT
WOULD NEVER WORK"
INSTEAD, WE SHOULD
BE TRYING TO THINK:
"IF THAT WOULD
WORK, HOW GOOD
WOULD IT BE".
IT'S NOT OK FOR ALL OF US TO GET BENEFITS OF A
LONG SHOTS, BUT LEAVE ALL THE RISKS TO AN
INDIVIDUAL INNOVATOR.

4. LET'S TRY TO SHARE
RISKS
LET'S SHARE THE RISKS WITH
INDIVIDUALS WHO DO LONG SHOTS
MAYBE THEN WE'LL HAVE MORE LONG SHOTS AND
MORE BREAKTHROUGH INVENTIONS THAT IMPROVE
EVERYBODY'S LIFE.