"We had to sharpen our thinking and not live in the past, " he says.

FORBES: J&J An unfinished symphony

One basic problem here: our collective thinking on these issues is stuck in the past.

FORBES: The Blurring Line Between Natural and Manmade Disasters

While the events of the past year give hope that this would transform our thinking and make innovation accepted and respected, we have yet to see that come to light.

FORBES: The Challenges for Developing Innovation in the Middle East