Should Innovation operate for the public good or for profit ?

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Permalink Reply by Marion on February 24, 2011 at 4:28pm

A scorecard will take both into account. You have to break it down to which of the 5Ps you're talking about.  And then define "public"; business generally contributes to wealth and supercylces (see the video at http://www.managing-creativity.com ), so it gets complicated.

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Permalink Reply by Isabel Pinho on February 24, 2011 at 4:49pm

thanks
Marion

I will see to follow feedback 

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Permalink Reply by Ellen Weber on April 26, 2011 at 7:54pm

Good question! These two (public good and profit) are not mutually exclusive. However, in order for innovation to sustain itself -- the very nature of profit requires an innovative rejuvenation. Now there is a segue for a wonderfully innovation management initiative! Ellen

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Permalink Reply by Jeffrey Quintero on May 10, 2011 at 3:42pm

The "Purpose" of benefiting the "Public" must transcend and include the "Private Profit" objective.

 

This is how we could move from "Capitalism" to "Volitionalism" It is up to the willingness of capital founders to put "Purpose/Profit". It is a consciousness/willingness issue.

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