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As information is shared globally and insight is commoditised, the best returns


go to those who can produce non-standard, differentiated knowledge.

-R LMW VIGIRX FSSOW The World is Flat and Hot, Flat SJ I\GIPPIRGI MR XLIMV S[R VMKLX 1MGVSWSJX´W PEF MR
and Crowded, Thomas Friedman, New York Times &IMNMRK MW SRI SJ MXW QSWX EHZERGIH MR XLI [SVPH
columnist and three-time Pulitzer Prize winner, did an -RJSW]WHIWMKRWIRKMRIWJSV+1ERH[MRKWJSV%MVFYW
I\GIPPIRXNSFSJWLEVMRKLS[XLI¾EXXIRIH[SVPHSJ and much of the pharmaceutical industry is shifting
XLITEWXHIGEHILEWFIIRHVMZIRF]UYMGOIVERHIEWMIV GETEFMPMX] XS 'LMRE ERH -RHME 1IER[LMPI XLI SPH
ORS[PIHKI WLEVMRK 8LVSYKL LMW QYPXMTPI I\EQTPIW IGSRSQMIWEVI½RHMRKMXQSVIERHQSVIHMJ½GYPXXS
JVSQ-RHMEERH'LMREMRTEVXMGYPEVLILMKLPMKLXIHLS[ OIITTEGI 2I[ORS[PIHKIGVIEXMSRLEWXLIVIJSVI
the alignment of increasing globalisation, high-speed been the common focus for many and the idea of
internet connections and new business models all FYMPHMRKORS[PIHKIIGSRSQMIWLEWFIIRXLITSPMG]
LIPTIHXLIPMOIWSJ-RJSW]W;MTVSERH8EXEXSFIGSQI reactions of many countries which have seen their
ORS[PIHKI IRKMRIW %W SYXWSYVGMRK SJ GEPPGIRXVIW value-creating manufacturing capabilities disappear.
to lower cost economies merged with offshoring
SJ OI] HEXEMRXIRWMZI XEWOW XS E WMQMPEV KVSYT SJ -RXLI9/XLI;SVO*SYRHEXMSRVIGIRXP]TYFPMWLIHE
GSYRXVMIW ORS[LS[ [EW WXIEHMP] XVERWJIVVIH JVSQ VITSVXSR³-RRSZEXMSR'VIEXMZMX]ERH)RXVITVIRIYVWLMT
the developed to the developing world. MR´[LMGLMRLIEHPMRIEVKYIWXLEX

%W ,EVZEVH´W 'PE]XSR 'LVMWXIRWIR EYXLSV SJ “To achieve recovery, Britain has no choice but to create a
RYQIVSYW FSSOW SR HMWVYTXMZI MRRSZEXMSR LEW EPWS balanced and sustainable knowledge economy by 2020
highlighted through his stories about the changes in and therefore must devise new ways of intervention to
XLI4'MRHYWXV]SYXWSYVGMRKHVMZIWORS[PIHKIWLEVMRK EGLMIZI GLERKI8LI UYIWX MW SR JSV TSPMG] PIZIVW XLEX
and value creation. He focused on the way in which can deliver changed behaviour as effectively but more
97GSQTYXIVGSQTERMIWWYGLEW'SQTEUERH(IPP cheaply.”
shifted parts manufacture, then assembly and then,
½REPP] HIWMKR XS 'LMRE ERH8EM[ER %W E VIWYPX LI
WLS[WLS[XLIPMOIWSJ%GIV0IRSZSERH,8'[IVI
able to build up their expertise to a point where they
The fast-growth economies are no
themselves have now become the new incumbent
GSQTIXMXMSRERHXLI[SVPH´WPIEHMRKFVERHW longer fast-followers but have become
Today, the fast-growth economies are no longer
global centres of excellence in their
fast-followers but have become global centres own right.
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As the half-life of knowledge continues MRWXMXYXMSREP ORS[PIHKI [MPP MRGVIEWMRKP] FI WLEVIH
without restriction and, in the eyes of some, result in
to shrink, 2020 will see greater XLIJYVXLIVHIGPMRISJGST]VMKLXERH[IEOIVTEXIRXW
commoditisation of knowledge. %W'LVMW1I]IVEWOIHEXXLIWXEVXSJXLITVSKVEQQI
³MJ-8LEWVIHYGIHXLIQEVKMREPGSWXSJ-4XSIWWIRXMEPP]
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to recognise these two powerful economic shifts?
%WWYGLXSFYMPHRI[ORS[PIHKIYRMZIVWMXMIWEVSYRH Will the open innovation movement evolve to a
the world have been increasing their status as TSMRX [LIVI ORS[LS[ ERH GETEFMPMX] VEXLIV XLER
ORS[PIHKILYFW &YXNYWXEWQER]MRWXMXYXMSRWLEZI TYVI-4MRXLIXVEHMXMSREPWIRWIMWXLIGYVVIRG]#-JWS
been trying to create exclusive content. Leaders such LS[ [MPP SVKERMWEXMSRW QSRIXMWI GSPPEFSVEXMSR#´ %R
EW1-8JSVMRWXERGILEZITYXEPPXLIMVGSYVWIQEXIVMEPW increasing selection of commentators are predicting
online free of charge through the OpenCourseWare XLEXGSQQSHMXMWIHORS[PIHKIQE]IZIRWPS[HS[R
TPEXJSVQ7SLS[GERSXLIVWGSQTIXI# innovation.

8LIJYXYVIGLEPPIRKILIVIMWXLEXJSVER]ORS[PIHKI However, there is an alternative view – that of


IGSRSQ]XSVIEPP][SVO MXMWEQEXXIVSJFSXLWGEPI GVIEXMRK HMJJIVIRXMEXIH GSQQSHMXMWIH ORS[PIHKI
ERHHMJJIVIRXMEXMSR-RXLIMRMXMEPTSMRXSJZMI[SRXLI +EV] ,EQIP VIGIRXP] GSQQIRXIH XLEX³MR E [SVPH
JYXYVISJ[SVO'LVMW1I]IVEVKYIHXLIGEWIXLEX³EW SJ GSQQSHMXMWIH ORS[PIHKI XLI VIXYVRW KS XS
XLILEPJPMJISJORS[PIHKIGSRXMRYIWXSWLVMRO  the companies who can produce non-standard
[MPPWIIKVIEXIVGSQQSHMXMWEXMSRSJORS[PIHKI´ ,I ORS[PIHKI´ %TTPI ½IVGIP] TVSXIGXMZI SJ MXW -4 MW
sees that, over the next decade, ‘the industrialization often cited as a company whose sales and margins
SJMRJSVQEXMSR[SVOMWGIVXEMRERH[MPPEJJIGXTVIXX] EVI FSXL E VI¾IGXMSR SJ MXW YRMUYI ORS[PIHKI ERH
QYGL IZIV] FYWMRIWW´ %HH MRXS XLI QM\ E QEWWMZI ORS[LS[;LMPIGPIEVEXEGSQTER]PIZIPXLIWXSV]
MQFEPERGI FIX[IIR XLI 97 ERH 'LMRE MR XIVQW SJ is less strong at a national level: this view suggests
KVEHYEXIWERHXLI97ERH-RHMEMRXIVQWSJIRKMRIIVW that at a large/global scale, the competition is on to
ERHMXMWIEW]XSWIIESRI[E]WLMJXXEOMRKTPEGI be the differentiated sources of insight. At a national
economy scale, where one cannot have everyone
A fundamental issue embedded in this topic is the TVSHYGMRK RSRWXERHEVH ORS[PIHKI XLI GLEPPIRKI
IRH SJ MRXIPPIGXYEP TVSTIVX] -4  %PXLSYKL XLMW LEW MW QSVI EFSYX WTIIH ERH IJ½GMIRG] SJ ORS[PIHKI
been on the cards in some sectors for several years, development and sharing at a broader scale.
it has now become a more widespread concern.
.YWXEW-4MRXLIQYWMGERHIHYGEXMSRMRHYWXVMIWLEW Furthermore, another recent development adds
been challenged by new business models, many GSQTPI\MX] XS XLI EVKYQIRX 'SQTERMIW PMOI 7ER
WII XLEX VIKYPEXMSR [MPP JEMP XS OIIT YT [MXL HMKMXEP *VERGMWGSFEWIH 1EZIR 6IWIEVGL SV +0+ +VSYT
collaborative platforms for innovation. With the are scaling up and positioning themselves as
growth of the creative commons and open source intermediaries for sharing of expertise – namely,
movements, core components of corporate and HMJJIVIRXMEXIHGSQQSHMXMWIHORS[PIHKI
(MJJIVIRXMEXIHORS[PIHKI`

“Maven is the Global Knowledge Marketplace. We QSVI WTIGMEPMWEXMSR SJ ORS[PIHKI [MXLMR FSYXMUYI
connect knowledge seekers with knowledgeable consulting companies where it is more about what
individuals for the rapid exchange of expertise, you do with the insight rather than the accessing of
perspective, and opinion. Our Members (‘Mavens’) it; probably faster migration up the scale from novice
include individuals from all professional backgrounds, to expert; and possibly further erosion of developing
geographies, and functional roles. Mavens are paid to GSYRXVMIW´ PIEH MR OI] EVIEW EW XLI GLERRIPW JSV
participate in short telephone consultations and custom TIVWSREPP] TVS½XEFPI HMWWIQMREXMSR SJ ORS[LS[
surveys conducted by other professionals who seek to SZIVVMHIXLIIGSRSQMGEPP]WMKRM½GERXVIXIRXMSRERH
learn from their knowledge.” HIZIPSTQIRXSJRSRWXERHEVHORS[PIHKI

7S LIVIMWEHIZIPSTQIRXXLEXMWJYVXLIVWIIOMRKXS With the evident rebalancing of economic power –


GSQQSHMXMWI ORS[PIHKI F] GSRRIGXMRK MRHMZMHYEPW and, with it, associated expertise – it is clear that, by
within companies, academia, governments – in fact,  XLI ORS[PIHKI GVIEXSVW [MPP FI E WMKRM½GERXP]
anyone with insight – to people and organisations HMJJIVIRX WIX XLER XLI] [IVI MR  &I XLI]
TVITEVIHXSTE]JSVXLEXMRWMKLX -XMWIEVP]HE]WJSV individuals, companies or countries, those that rise
Maven but, in principle, this is a good disruption to the EFSZIXLIQIPII[MPPMRXLIMVS[R[E]WLEZI[SVOIH
ORS[PIHKIFEWIH GSRWYPXMRK ERH VIWIEVGL WIGXSVW SYXRSXSRP]LS[XSGVIEXIRSRWXERHEVHORS[PIHKI
that erodes differentiation. What are the implications that others value, but they will have also been able to
for the future as more programmes such as Maven sustain this so that it continues to be differentiated.
ramp up and begin to have a major impact, especially 8LI]QE][IPPLEZIQSZIHFI]SRHXLI-4JVEQI[SVOW
MR JEWXHIZIPSTMRK ORS[PIHKI IGSRSQMIW# 4VSFEFP] designed to protect ideas to operate in a truly open
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the ones that manage the delicate balance of new
It is clear that, by 2020, the knowledge ORS[PIHKI GVIEXMSR ERH KPSFEP WLEVMRK MR E [E] MR
which, even if there is less formal protection available
GVIEXSVW[MPPFIEWMKRM½GERXP]HMJJIVIRX JSVMRXIPPIGXYEPTVSTIVX]XLIZEPYISJXLIORS[LS[MW
set than they were in 2000. in itself not given away.

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