Business expenditure on R&D as a percentage of GDP has risen only in Japan in the past 20 years; in the US and the EU, it has been stagnantSecond, government expenditure on R&D as a percentage of GDP has – again, with the exception of Japan – been in a steep descent
These titles and the proliferation of articles on innovation show how trivialised and vacuous the term has become. The concept has become a cultural affectation and an advertising gimmick. The fact that innovation is no longer simply about Research and Development (R&D), technology or investment but is now applied to everything that moves: culture, employees, creativity, thinking on the left side of the brain, role-models, etc., reveals that the discussion is one that is taking place within its own terms and is no longer linked to a broader purpose. This extraordinary attempt to promote innovation is, as I will argue below, a sign of its absence.If we were living through an era of innovation we would be having a different discussion. We would be talking about inventions or technologies or their impact or what is next. Instead we are talking about innovation as an end in itself unrelated to any broader social process which is hardly innovative. It apes the equally vacuous debate in political circles about the ‘Big Idea’. If it existed politicians and the media would be talking about solving problems rather than trying to find the Big Idea
The tool company developed a zero-impact wrench for the Gemini project that spun bolts in zero gravity without spinning the astronaut.
These commercial space communications systems evolved from high-risk technology developed and tested in orbit by NASA in the 1960s and 1970s
Norman Lewis: innovating the future - OpenKnowledge UK - E20Forum
POWER TO THE PEOPLE: <br />LEVERAGING SOCIAL CAPITAL FOR INNOVATION<br /> Dr Norman Lewis<br />Chief Innovation Officer, Open-Knowledge<br />International Forum on Enterprise2.0, <br />Milan 9 June 2010<br />
innovation (n):<br />1. the introduction of something new; 2. a new idea, method, or device: NOVELTY<br />