Improving and Accelerating Innovation

Improving and Accelerating Innovation from a Strategy Perspective

Two questions.

1 If you are into strategic thinking, in the deepest of senses of games theory and complexity theory and computational theory, the sense of the exploration of strategy sets most likely to deliver the greatest long term benefits; then why are you not explicitly critical of using scarcity based value sets to measure value (markets and money)?
Any universal abundance must have zero value in any market based system (like oxygen in the air, arguably the most valuable thing to any human being, yet of no market value), and thus any market based system has meta-level incentives that work against universal delivery of any good or service. Markets require scarcity to work.
So why, given the reality of our technological ability to deliver a large and growing set of goods and services in universal abundance, is your strategic thinking framed in a context of finance?
Do you not see the logical trap of trying to achieve abundance via scarcity?
Does the human cost mean nothing?

[followed by]

2 I have been a student of evolution for over 50 years, and have run a software company for the last 30 years, so have some familiarity with both the theory and practice of innovation, and there is much truth in the old adage “necessity is the mother of invention”. That seems to allow for two very different classes of approaches.
One approach is of driving individuals into deprivation and insecurity, and forcing them into very low level necessity.
Another approach is to give individuals the security and material needs to explore whatever they are interested in, and see what the necessity of meeting their own internally generated goals delivers.

There is a vast psychological literature indicating that the former approach narrows the focus to things that have worked in the past, while the latter approach of reducing stress, and removes boundaries allows for exponential increase in innovation. This does in fact seem to be what successful corporate R & D departments do in practice.
Why are we not applying this to society more generally?

Could it be (yet again) that the scarcity based measure of value (markets and money) deludes us into thinking that austerity is viable strategy?

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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