Log In  |  Register Now  
 Home | Syndication Services | Media Features | Research Center | Archive | Contributors | About Us

To receive emails containing headlines and highlights from The Globalist,
sign up here.



Topic

Companies

Culture

Development

Diplomacy

Economy

Environment

Finance

Health

History

Markets

Media

Music

Politics

Religion

Security

Sports

Technology

Women

Youth


Region

Africa

Asia-Pacific

Europe

Latin America

Middle East

North America


Globalist Bookshelf

Best Books of 2012

Best Books of 2011


Editorial Staff

Contributors

Jobs & Internships


Subscribers to The Globalist's premium services can log in here:

Username:

Password:

Forgot your password?



 


Globalist Bookshelf > Global Business
Closing the Innovation Gap
 

By Judy Estrin | Wednesday, September 17, 2008
 

As a major technology entrepreneur, Judy Estrin knows the importance of combining creativity and intelligence in order to succeed in the business world. In this excerpt from "Closing the Innovation Gap," she describes how international collaboration is the key to staying innovative in a globalized world.


zero-sum view — assuming that progress in the rest of the world is a loss for us — creates a fait accompli, leading to more barriers and stifled possibilities. In the end, we all lose.

Crossing borders

The answer is to open up, creating networks of talent that cross international borders. Unlike military power, economic strength is not a contest or a race. We can no longer afford to
The power of information is magnified when it is shared.
think in terms of us versus them, which results in a focus on short-term competition rather than long-term progress.

The end goal is growth and making the future better than the past, so we must think of us and them, enabling the benefits of innovation to flow worldwide.

As an entrepreneur, I learned early on that you don’t need to be the biggest in order to lead, but you do need to be smarter and more agile, and to know how to leverage the resources around you.

Friends and competitors

We must be prepared to compete with other countries for talent and investment while understanding that they are also our allies. We have to learn how to collaborate and play well with others.

This will take a more inclusive and interactive leadership style than we’ve had in recent years, and it requires us to feel stronger and more secure. It often seems easier to be a bully than to be a facilitator.

The art of listening

We need to be open to collaboration not only in
It’s hard to expect others in the world to trust us when we don’t seem to be able to collaborate within our own borders.
science, but also in setting policy. Businesses, nonprofit organizations, state legislatures, political parties and countries must communicate and listen to one another.

Many of the significant problems we face are increasingly complex and global in nature.

In learning how to work together again as a country, we can take lessons from industry.

Better citizens of the world

While in Washington to testify on behalf of a cap-and-trade system, one CEO was asked privately by a member of Congress if he thought that a U.S. decision to follow the Kyoto Protocol limiting carbon emissions would hurt his profits.

The CEO’s response was, “Sir, my company works in 58 countries, and in 56 of them we have to obey the Kyoto Protocol." The growth of U.S. corporations increasingly depends on the rest of the world, and they’re beginning to figure out how to be better global citizens in ways that also bring economic benefit.

Driven by fear?

Our national imperative has become the War on Terror,
Unlike military power, economic strength is not a contest or a race. We can no longer afford to think in terms of us versus them.
a single-minded focus that has resulted in invasion of privacy, an immigration clampdown and billions of dollars spent on war.

When fear becomes the driving force in a society, people stop asking questions instead of looking to the world around them for insight and collaborative potential.

When you shut off questioning, you constrain thinking. The prolific innovation in the 1970s and 1980s came from people who were educated in the 1960s — a time when people actively questioned authority.

Collaborate or perish

We must break this cycle and mobilize the nation by encouraging empowerment rather than helplessness. There is a tendency to overreact in the interest of national security, but we must be very careful about deciding when to classify or withhold information.

The power of information is magnified when it is shared, creating a network effect. Innovation is proportional to the level of collaboration and sharing.

Lack of trust

The country has become more and more polarized.
We must be prepared to compete with other countries for talent and investment while understanding that they are also our allies.
It’s hard to expect others in the world to trust us when we don’t seem to be able to collaborate within our own borders.

“Washington is the most partisan I’ve seen it," says Norm Augustine, who was assistant Secretary of the Army for R&D in the early 1970s.

“I’ve been in and out of the city since 1965, and there is a growing attitude that politics is a zero-sum game. There is rancor, bitterness and lack of cordiality beyond what I’ve seen, and that’s tragic."

Looking at the long-term

Many politicians are aware of the issues we face, such as the need to upgrade our educational system, solve the problems of energy dependence, improve health care and reignite innovation. For years, the partisan debate over the existence of global warming has taken precedence over efforts to begin addressing the problem itself.

These are tough, long-term problems that do not attract short-term voter support. “The local political issue trumps the national interest," says FedEx CEO Fred Smith. “That’s a very bad environment in which to innovate."

Editor's Note: This feature is adapted from "Closing the Innovation Gap," by Judy Estrin. Reprinted by arrangement with McGraw Hill. Copyright (c) 2009 by Judy Estrin. All rights reserved.




Join the discussion of this article on our Facebook page.

Follow The Globalist on Twitter.

Oopali Operajita , New Delhi , India
(Thursday, September 18, 2008, 9:08:46 AM ):

Ms Estrin's insightful piece rightly points out how indispensable it is for the US to ally itself with other nations in innovation, and R & D, as well. Some of the most noteworthy innovators in the US are of Indian origin -- and this is a well established fact.

Instead of frittering its valuable resources on fruitless and ridiculously expensive wars (the Iraq war is an obvious example), the US should repair and consolidate its own internal affairs.

About the US losing its middle class: I believe its current -- and well nigh catastrophic -- economic woes, and concomitant fragility, might make its conspicuous consumers more aware of, and sensitive to, the desperate needs of billions of poor people around the world. As Benjamin Disraeli said: "There is no education like adversity."

Let us know what you think ...
 

 

 

 

You must be a registered user of our site to send us your comments. If you have already registered, please log in. If you a new user of our site, please register now. Registration is quick, easy and completely free.

   

Complete the below to send a letter to the editor about this article.

   
Name  
 
Email Address  
 
City and State  
 
Country  
 
Comments  
 

 
Please note: If we publish your comment on The Globalist, we will identify only your name, city and country. We do not publish anonymous comments. Your email address will not be published.

We regret that we cannot publish every comment we receive. Furthermore, because we review each comment before it is published, there may be a delay between the time you send your comment and its appearance on our site. The Globalist reserves the right to edit comments for style and length.

-->




Copyright © 2000-2013 by The Globalist. Reproduction of content on this site without The Globalist's written permission is strictly prohibited. Terms of Use | Privacy Policy

The Globalist claims full trademark rights to The Globalist name and logos.

1100 17th Street, NW, Washington, D.C. 20036