“Deregulated device types show increases in entry, innovation, as measured by patents and patent quality, and decreases in prices. Safety is either negligibly affected or, in the case of products that come under potential litigation, increased.” | learn more
“Despite making up just 14% of the population, immigrants are responsible for 30% of U.S. patents and 38% of U.S. Nobel Prizes in science. A team of Stanford economists recently estimated that nearly three quarters of all U.S. innovation since […]
The author makes an evolutionary case to explain why human children are particularly bad at innovating. Quote from a recent paper he cites: “A decade ago, now-seminal work showed that children are strikingly unskilled at simple tool innovation. Since then, […]
What happened when Andrew Carnegie funded ~1700 free libraries? “Sometimes obvious ideas work. If you want to encourage more innovation, give people better access to knowledge.” | learn more
For about a decade, there’s been a view among some sharp thinkers that innovation is slowing. There’s plenty of detailed evidence to support this view. But this week, among that same group, there is been optimism. Cracks in the Great Stagnation and Techno-optimism […]
On competing with big companies. “Every founder frets about competition from a big company, me included. We scoff at their inability to innovate and for prioritizing shareholders over customers, but still we quiver in fear.” | learn more
“As long as both sides of the bubble have a lag between when the decision to spend is made and when the results are realized, they can leapfrog each other,” creating a virtuous cycle of innovation. | learn more
From Farnam Street: “Inventing new things is hard. Getting people to accept and use new inventions is often even harder. For most people, at most times, technological stagnation has been the norm. What does it take to escape from that […]
Read on if this seems interesting: “innovation is the child of freedom and the parent of prosperity.” Available as a podcast and a transcript. | part 1 and part 2
From a16z: “Crypto cycles look chaotic, but over the long term they’ve generated steady growth of ideas, code, projects, and startups — the drivers of innovation.” | learn more