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-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
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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,
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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
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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.
“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
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insights
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