Each time when politicians or economists speak about the future of the economy, you can be almost 100% sure that they will use the word innovation.
What is innovation?
Let me quote the wikipedia entry for innovation:
Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs...
Why we can all innovate
To innovate we don't need an R&D department. We don't need much funds. Everybody can innovate. The only thing we need is creativity.
How the complexity of the world can offer huge potential for innovation
Many think that innovation automatically means inventing new products or services. It is actually very difficult and expensive to create a completely new product and to bring it to market. The easiest and most successful innovation comes from taking existing things and to combine them together to create something new and better.
When we look back at the history of human kind, when people settled the west of what is today the USA, they were on their own. They had to build their houses, tend their fields, defend against indians, dig pits for their water supply, sew their own clothes. They needed a big variety of knowledge and skills to survive.
Today we have delegated big parts of these tasks to other people. We have restaurants that prepare us food, shops that provide us with everything, we buy houses from constructors and we often don't even know how to grow tomatoes ourselves. We have specialised a lot we have become very good in a very restricted field.
How can this be a potential for innovation?
We have not only specialised in the professional field, we have done the same with our interests and our time on the internet. There are millions of websites available on the internet but most of us only use about 10 to 20 sites. In this community, we have become very good at creating content on a blockchain but there are so many people out there that have no idea about blockchain. They ignore that you can actually get paid to create content and that you can reward others for their content.
The innovation comes if we step outside of what we are familiar with. If we open our mind for another community and bring them the knowledge of what we know, we are actually innovating. We merge two different knowledges together to make something better.
A great example for innovation
Maybe you are familiar with the CTP community on steem/hive. The founder @jongolson was into affiliate marketing for many years. Because he is very open minded and was searching for new opportunities, he discovered this blockchain based content creation. He saw that this type of content creation could actually help his community of affiliate marketers. He brought both communities together to create something better. Even if he didn't create his community, the fact of transfering knowledge between communities is already innovation. This type of innovation is within the possibilities of everyone among us.
We can all be innovators. We simply have to go outside of our confort zone and discover new things, new communities, new projects. With a bit of creativity, we can combine different skills together and create something new and better.
by @achim03
Right point, only we can improve the growth rate or economy of any country by new innovation.
That's true. We shouldn't expect the politicians to come up with that. Thanks for your comment!
We are the king makers.
@happyvoter. innovation is very key and important for any country to develop. Trying of new ideas, moving out of the comfort zones will make countries to improve in the economy. Also, I believe Practical applications should be the key in the Universities. There are some Universities and other higher institution of learning where the lecturers are not practical oriented. They are very good in teaching theory and they teach this over the years, graduating half baked graduates.
I also came to realize that universities have difficulty to teach innovation because innovation is something very dynamic and is changing every day. Universities can't make appropriate curriculums to follow that I believe. Thanks for your comment.
You are right!
Innovation always comes with a risk, but on the other side, it can provide significant approvements in people's lives... Being the first to innovate is always a brave act and usually is an attribute of exceptional people...
At this moment, we have the blockchain, which is itself a revolutionary technology that will change the world as it is today... I would say that's equal as the Internet was on it's beginning...
Combining things and implement on the blockchain can be a great move, but it's not meant to be used for everything, of course...
Thanks for sharing your thoughts on this matter... ;)
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Thanks a lot for your comment and curating!
I often hear people say that there is nothing new that can be invented today but actually there are so many inventions and technologies developping around the world at a neck breaking speed. The future of innovation is to make the link between these technologies and the people. I see a lot of potential in that.
Historically, hard times always bring about innovation. We should all hope this time is the same.
Most of the time its wars that bring out innovations, hope its the same for such a type of crisis. Thank you very much for your comment!
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