agent vs global view of innovator vs entrepreneur and their absorption vs adapt vs leapfrog strategy

[hyunjimoon]

scott says:

• innovation is about creating new things in the world.
• entrepreneurship is about creating new organizations. And scaling them.

angie asks "is organization not a thing?", scott answers (in the line of) "by "things" I mean something more beneficial to others"....

it seems entrepreneurship is more perceived to be agents that innovate to "sell" with main purpose.

eric who made diagram below by classifying household sector innovators into four (participants, helpers, users, producers) said his framework cannot hold angie's entrep. type (didn't innovate as she used the existing tools to deliver to less-accessible people with minimal "sell" and self-serving purpose). This is because cannot be classified into his four t is no mail motivation to innovate (into four below (and assumed entrepreneurs are the people who innovate to

which comes first and can we understand with clockspeed (m2i is incentivized by new tech, supplier market power, and i2m is pressured by niche entrant, product complexity, org-rigidity)

other definition of startup:

• human institution designed to create a new product or service under conditions of extreme uncertainty (Eric Ries, The Lean Startup)

[hyunjimoon]

absorption_adaption_leapfrog_strategy.pdf

quick thoughts from the above scott's slide,

• the more inclusive institutions of an industry are, the more "A" (the better environment to collaborate, the more collaboration happens) or less "A" (already good, so don't need to spend too much time)?
• an example of extractive industry (low private incentive to innovate, low demand for products) is "pharmaceutical industry in developing countries". They would have low C, low B, high A (collusion is part of collaborate)
• absorption, adopt, leapfrog strategy is A, B, C. Absorption achieves a global productivity frontier with A, adapt achieves local frontier by searching environment with C, leapfrog achieves global technological frontier via B.

Charlie mentioned clockspeed is determined by below:

• customer pull is C, tech push is B, regulation is A
• how would system complexity appear in operational sequence? I think Tick–tock.
• external events: ??