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Innovation Economics: What Comes After Debt Economics?
Innovation     Human Productivity ,[object Object],Years
[object Object],[object Object],[object Object],[object Object],[object Object],Silicon Valley Research Labs Japan Steve’s Garage =   Innovation $ Integrated Not Integrated
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Currency of Trade:
[object Object],Factors of Production - 20 th  Century Labor Capital
[object Object],[object Object],Factors of Production – 21 st  Century Intellectual  Capital Creative  Capital
[object Object],[object Object],[object Object],[object Object],[object Object]
Your Résumé is a Book  About You Books Are Classified With The Dewey Decimal System
Your Résumé is a Book  About You Books Are Classified With The Dewey Decimal System
Computer Readable Résumé ,[object Object],[object Object]
Your Knowledge is Like a Network of Books  And Relationships
Computer Readable Résumé  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],* ref:  Universal Decimal Classification System
Computer Readable Résumé ,[object Object],[object Object]
Looks Like Money  All financial assets have a quantity and a quality assigned to them so they can be analyzed by entrepreneurs
Computer Readable Résumé ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Debt Assets Net income Liabilities Bankruptcies Credit “pulls” Financial stability + 30 more Credit Cards Insurance Public Record Employer Banks Creditors Social Security Likelihood that you will default On your obligation Credit Markets
Likelihood some combination of people can successfully execute a business plan at a known cost determined by supply and demand Knowledge Markets
Percentile Search Engine ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
The Financial Bank Surplus (Supply) Deficit (Demand) Connect With
The Innovation Bank Knowledge Supply Knowledge Demand Connect With
[object Object],[object Object],[object Object],[object Object],[object Object]
In Parallel  The Brain Storming Session S D
In Series;  The Product Development Cycle
The Social Network Very small input  Very high output Infinite combinations of parallel and series circuits across a knowledge inventory
The Multiplier Effect;  Tangential Innovation Aircraft Composite Technology   Transportation Recreation Energy Health Care
A Self-Regulating System Transparency, collaboration, quality, honesty Corruption, Fraud Incompetence  Punishes Bad Information: Rewards Good information:
[object Object],[object Object],[object Object],[object Object],[object Object],The Capitalization of Knowledge
[object Object],[object Object],Innovation Bank  Have the Money – Search for the Knowledge
The Virtuous Circle The more knowledge that you find, the more money you can borrow The more money that you can find, the more knowledge you can borrow =
Innovation Bonds Diversify risk away, combine cash flows, divide into bonds, issue to investors, finance more innovation
Predictions for the year 2020 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Years What Comes After The Knowledge Economy?
What is Next? Ingenesist is an open source research effort seeking to start a World-wide conversation about the Innovation Economy.  Are you an Ingenesist?

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  • 7.
  • 8.
  • 9. Your Résumé is a Book About You Books Are Classified With The Dewey Decimal System
  • 10. Your Résumé is a Book About You Books Are Classified With The Dewey Decimal System
  • 11.
  • 12. Your Knowledge is Like a Network of Books And Relationships
  • 13.
  • 14.
  • 15. Looks Like Money All financial assets have a quantity and a quality assigned to them so they can be analyzed by entrepreneurs
  • 16.
  • 17.
  • 18. Debt Assets Net income Liabilities Bankruptcies Credit “pulls” Financial stability + 30 more Credit Cards Insurance Public Record Employer Banks Creditors Social Security Likelihood that you will default On your obligation Credit Markets
  • 19. Likelihood some combination of people can successfully execute a business plan at a known cost determined by supply and demand Knowledge Markets
  • 20.
  • 21.
  • 22. The Financial Bank Surplus (Supply) Deficit (Demand) Connect With
  • 23. The Innovation Bank Knowledge Supply Knowledge Demand Connect With
  • 24.
  • 25. In Parallel The Brain Storming Session S D
  • 26. In Series; The Product Development Cycle
  • 27. The Social Network Very small input Very high output Infinite combinations of parallel and series circuits across a knowledge inventory
  • 28. The Multiplier Effect; Tangential Innovation Aircraft Composite Technology Transportation Recreation Energy Health Care
  • 29. A Self-Regulating System Transparency, collaboration, quality, honesty Corruption, Fraud Incompetence Punishes Bad Information: Rewards Good information:
  • 30.
  • 31.
  • 32. The Virtuous Circle The more knowledge that you find, the more money you can borrow The more money that you can find, the more knowledge you can borrow =
  • 33. Innovation Bonds Diversify risk away, combine cash flows, divide into bonds, issue to investors, finance more innovation
  • 34.
  • 35.
  • 36. What is Next? Ingenesist is an open source research effort seeking to start a World-wide conversation about the Innovation Economy. Are you an Ingenesist?

Editor's Notes

  1. The title of this presentation is Innovation Economics. Here we ask the question; “What comes after the Knowledge Economy?”. The Earth’s image in the hands of a young person represents where we are today. There simply is no single person, country, ideology, or philosophy can meet the challenges of the future – everyone will be required to participate and everyone has a stake in the outcome. Innovation Economics presents a very optimistic future. There are a series of simple things that we can do today using existing tools that can have profound impact on future economic growth and the sustainability of our resources. Unfortunately, corporations and government are just not structured to make these changes for us, we’ll need to work together on this one - and at the end of this presentation, we will call for your help in building the Innovation Economy. This discussion is for the knowledge worker. You make your money through your knowledge, experience, relationships, and creativity. You set your priorities based on these things. Many of you are looking around your World with a deep sense that something very new, something very exciting, and something hugely lucrative is coming down the road. We believe that Innovation Economics is it.