In The Open Innovation Marketplace Bingham and Spradlin emphasise that we have to move to a future of on-demand innovation, on-the-spot invention, through open communities of science.
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While most big firms today are still mired in the Traditional Economy of the Great Stagnation, kept afloat by cheap money from central banks, still waiting for an improvement in the business cycle, firms in the Creative Economy are racing ahead by creating their own demand with continuous innovation.
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But music on demand took some serious innovation and produced some evolutionary dead ends.
Nike has an established global presence and has consistently maintained strong demand for its products through innovation and effective marketing.
Good products and smart pricing strategies that drive robust demand can obviously accelerate cycles of innovation.
Germany has become a leader in solar and wind through public-private financing mechanisms to finance energy innovation as well as strong demand side policies, such as the solar feed-in tariff policy adopted by the government in 1991.
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After all, if innovation springs up to tackle latent demand, emerging markets are packed full of unmet needs.
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Just as science has advanced tremendously over the last decade, so has our understanding of how we need to collaborate to advance innovation at the pace that patients demand and deserve.
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Today, high-speed innovation is an industry-agnostic demand.
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The mix of personality, drive and innovation in business leaders mixed with market demand, the economy, competition, government and the world around us makes for a fresh challenge requiring fresh approaches every day.
"The combination of the recovery in our markets and our innovation and new product offerings are driving the strength of our customer demand, " he said.
Regardless of what the source was for the activity, what you had was a collision of demand and capital that led to a critical mass, an explosion growth of innovation and production.
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Today, when innovation is often identified as essential for revitalizing an ailing economy, politicians demand more science funding as an incentive.
It suggests that governments should not merely encourage the supply of innovation (for example, by funding research) but also try to stimulate demand.
When I look at the problems in the higher ed world, I see demand, supply and prices out of whack, and I see a desperate lack of innovation, diversity and real choice.
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Optimists argue that the pace of technological innovation won't slow just because of a recession, meaning new gadgets will stimulate demand once the economy picks up again.
Cable, satellite and now fiber-optic TV have long-since outpaced the over-the-air broadcasters in innovation, giving nearly all Americans the option of hundreds of channels of diverse content, on-demand movies and other programming, time-shifting, interactive features and bundled services.
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