Forbes magazine recently reported on a gathering of 400 persons in Silicon Valley, to clarify the role of entrepreneurship and innovation in economic growth.
The Global Innovation Summit suggested shifting the focus from subsidizing individual projects to growing entire ecosystems of vibrant entrepreneurship and innovation. They called such systems Rainforests. Read about the
key lessons.
One of my favorites: Be a “psychic welder.” This is the phrase that Nola Masterson, a Silicon Valley entrepreneur and venture capitalist, used to describe her method of connecting people together to create value. Innovation ecosystems thrive on human connectivity, not just raw inputs. That sounds like what we nonprofits already do, doesn’t it?
Myrna Meadows, NRS, International Falls
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