Davos, The World Economic Forum and Innovation
The headline grabbing World Economic Forum held at Davos later this month is focusing on the Power of Collaborative Information. Collaboration as an approach in itself is nothing new, and we are all well aware that to bring innovation to market requires the input of many. On the one hand you can introduce the notion of fast-failing by collaborating with the crowd. On the other hand, collaborative projects pose greater risk due to their more disruptive output. With collaborative frameworks and communities in place, diversity and thus innovation will flourish. NESTA has identified one other key challenge to innovation being the need to allow workers time in their day to work on outside projects and interests. They call it Google’s 80/20 rule.
Davos presents a collaboration between business leaders, artists, entertainers and policy makers. If it does prove to be the social, collaborative platform upon which to develop solutions to the world’s problems then long may it live. If, like any socially enhanced innovation platform, it fails to encourage participation of the wider community then the crowd must vote.
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- Published:
- 01.30.08 / 10am
- Category:
- collaboration, business, co-creation
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