Thursday, November 09, 2017
Cluster of Idea Space
The education of the incremental innovator leads to mastery of the already available paths of scientific knowledge and methods.......William Baumol
With concepts like Big Data, Block Chain and IOT, most businesses are now confronted with the leap from “dumb" products into creating smart, connected products.
Breakthrough inventiveness requires unorthodox approach to education that favors the exercise of the imagination.A world of education spanning geographical barriers resulting in exchange of ideas between students, professors and entrepreneurs.
A mix of in-company training and formal training within a climate of interactive spaces for knowledge creation, dissemination and innovation.
These interactions morphe into clusters:
Businesses have clustered into networks throughout history, but today we refer to business clusters like the technology industry in Silicon Valley, the financial sector in London and automakers in southern Germany.
Business clustering is an organic process involving a self-organized, self-sustaining, and self-reinforcing formation of interconnected businesses
Vibrant cities rely on clusters that can adapt; and cluster adaptability in turn hinges on an “idea space”
An idea space for a handful of skilled individuals, local entrepreneurs recycled with academic excellence.
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