TY  - BOOK
AU  - Ridley,Matt
TI  - How innovation works
SN  - 9780008334840 (pbk.) :
AV  - HD75 .R5 2021
U1  - 338.9 23
PY  - 2021///
CY  - London
PB  - 4th Estate
KW  - Economic development
KW  - Technological innovations
KW  - Economic aspects
KW  - Industry
KW  - ukslc
KW  - Industry & industrial studies
KW  - thema
KW  - Economics, finance, business & management
KW  - Business innovation
KW  - Media studies
KW  - Social, group or collective psychology
KW  - Business mathematics & systems
KW  - Public health & preventive medicine
KW  - Popular science
KW  - Evolution
KW  - Digital lifestyle
KW  - Political science & theory
KW  - Development economics & emerging economies
KW  - Business & Management
KW  - Scientific equipment, experiments & techniques
KW  - Inventions & inventors
N1  - Originally published: 2020; Includes bibliographical references and index
N2  - 'Ridley is spot-on when it comes to the vital ingredients for success' Sir James Dyson Building on his bestseller The Rational Optimist, Matt Ridley chronicles the history of innovation, and how we need to change our thinking on the subject; `Ridley is spot-on when it comes to the vital ingredients for success' Sir James DysonBuilding on his bestseller The Rational Optimist, Matt Ridley chronicles the history of innovation, and how we need to change our thinking on the subject. Innovation is the main event of the modern age, the reason we experience both dramatic improvements in our living standards and unsettling changes in our society. It is innovation that will shape the twenty-first century. Yet innovation remains a mysterious process, poorly understood by policy makers and businessmen alike.Matt Ridley argues that we need to see innovation as an incremental, bottom-up, fortuitous process that happens as a direct result of the human habit of exchange, rather than an orderly, top-down process developing according to a plan. Innovation is crucially different from invention, because it is the turning of inventions into things of practical and affordable use to people. It speeds up in some sectors and slows down in others. It is always a collective, collaborative phenomenon, involving trial and error, not a matter of lonely genius. It still cannot be modelled properly by economists, but it can easily be discouraged by politicians. Far from there being too much innovation, we may be on the brink of an innovation famine.Ridley derives these and other lessons from the lively stories of scores of innovations - from steam engines to search engines - how they started and why they succeeded or failed
ER  -