John Kao gave a keynote speech on January 23rd, 2011 about the new geography of innovation. He discussed how accelerating technology and a growing entrepreneurial culture are rapidly changing the world and spurring innovation. He recommended developing a new narrative for how to do innovation and compete, and moving away from competitions with sole winners and losers, toward infinite games where winning is ongoing participation. Innovation should be a property of society, not just companies.

1. KeyNote Speech
John Kao
23/01/2011 & 0900-0910
Key Bullets
Takeaway
 All countries and companies are currently or should be in the process of determining
a process through which to facilitate innovation practices that are appropriate for
countries/companies.
Issues (Main Talking Points)
• The world is rapidly evolving in two major ways that will spur innovation:
o Accelerating technology
o Growing entrepreneurial and enterprising culture
Recommendations
 We need a new narrative on how to do innovation and how to do compete in this new
geography of innovation.
 We will start moving away from finite games where there is a winner and loser, and
start playing infinite games where winning is playing.
Key Quotations
 Innovation is not just created by and for companies, but it is a property of society
 We are in an era of exploding knowledge regarding innovation
 The world is faced with grand challenges and our need to deliver on gaps is the
broadest its ever been
The New Geography of Innovation_John Kao_23 Jan 2011 © 2010 Monitor Company Group, L.P. — Confidential