On global and local scales, there is a large shift in how novel ideas and discoveries can quickly establish market relevance and commercial significance. The acquisition of Instagram by Facebook for US$ 1B may seem aberrant, but it clearly marks recent trend boundaries. As a co-founder of a small biotech, informatics based, academic startup company, this has led me to wonder how a young company like Instagram could have achieved such stunning success so quickly.
Klaus Schwab gave the opening speech at the 2012 World Economic Forum in Davos. In a synopsis of this speech, Dr. Schwab posted this observation that caught my attention:
To read the full, original article click on this link: Adam Marsh: Innovation Ecosystem: A Global Shift in Capitalism?
