Richard Miller

You spoke a lot about incremental and systemic innovation today. What is the difference?

Incremental innovation fits into existing business models and economy. It’s a better way to do something. It may be a totally new and disruptive product, but it fits the existing system.

It can be done without government intervention…

It can, but small companies may need help. They may need money, or access to facilities to test an idea. The point is it assumes the main economic system and market continue.

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