Innovation as King Is Dead. The Day of the Innovator Has Arrived

Innovation as King Is Dead. The Day of the Innovator Has Arrived

Judith Giordan 5/18/11

[This post was co-authored by Joseph Steig of VentureWell—Eds.]

The United States needs new, bold science innovation to address the challenges facing people and the planet—and to create jobs and a strong economy. Yet what is glamorous in popular business culture is not science innovation, but rather bold pitches, business innovations, fast and big exits. The face of this culture is not the technology innovator but the CEO, pitchman, business leader, King who can crack the deal, make the VCs or the Street happy, and move on to the next game—all the while making speeches from the podium of the next conference about innovation, entrepreneurship, and the Next Big Thing.

Why does this neglected focus on innovation matter? If we don’t put focus back on the innovator and on scientific innovation, our nation will be left behind, the challenges of sustainable energy, global health, adequate food and water will go unanswered, and the meaningful, economically viable jobs they bring will not be created. But it’s not an either/or proposition, not business innovation versus science innovation. It has to be both.