Innovation matters

Innovation is must-have for entrepreneurs for sure, and entrepreneurs have been anointed the potential saviors of our sluggish economy so innovation's been rather news-worthy lately. There was a recent Newsweek article on how Americans and the rest of the world (the part that was polled that is) view the state of innovation and the American economy and this stuck with me:
On some issues there is widespread agreement: two thirds of respondents believe innovation will be more important than ever to the U.S. economy over the next 30 years. But the survey shows some striking contrasts as well. Eighty-one percent of Chinese believe the U.S. is staying ahead of China on innovation; only 41 percent of Americans agree. To find the next big breakthrough, Americans are focused on improving math and science education, while Chinese are more concerned about developing creative problem-solving and business skills.
(You can read the article here.)

Good news: we believe that innovation is important. Bad news: many Americans believe we are not staying ahead of China in this. Worse news: more Americans focus on science and math education while more Chinese are thinking about 'creative problem-solving'.

Why is it bad if Americans think they're falling behind? True, you don't want to be smug or delusional, but perceptions should be based on reality and the reality may be not that the US is falling behind, but that the others are catching up faster. The downside of this belief is the rush to change the way we do things, even the ones we do well, particularly the good part of US education (yes, it's there!) that develops non-conformist creative thinkers.

Math and science are important, actually, critical - in fact they are the foundation for problem-solving and there's not only a knowledge deficiency in these subjects among US students, there's a marked lack of interest in these purportedly nerdy areas (something that is not the case in most of Asia). But the US didn't get to be an innovation leader sticking to a "just the facts ma'am" approach. Facts are within the box and need to be known, but it is the ability to look beyond the facts and think outside the box that drives new concepts and quantum jumps in innovation. Innovation is not a bunch of theorems and formulas - it is spotting opportunities and then knowing enough about theorems/formulas to build on them. So the US should not only focus on math/science skills, but also on creative thinking and make sure students have plenty of unstructured time when they can exercise their right brains and dream up new ideas.

But, it's not all bad news. One of the best stories of 2009 is this one about DARPA (Defense Advanced Research Projects Agency) and it's forty red balloons challenge to celebrate the 40th anniversary of the Internet (also a DARPA result). The balloons were tethered in 40 locations across the US and the first team (it was just not possible for an individual to do it) to identify all locations won a substantial cash prize. The goal? To learn how the power of crowds can be gathered quickly and productively - and possibly more things that are not even understood yet. You can read more about the red balloons and the MIT team that won it by checking the press release from here. What is amazing is the idea that the Department of Defense, which one would assume would be stodgy and secretive, created this wacky public challenge. It is so cool and I believe this is how the US can stay ahead - being innovative about driving innovation and making it fun.