Greetings,

'Innovation' is the natural outcome of this 'New Age of Austerity', helping us to do 'more with less'.

To my mind, we are reaching an era of realizing the promise of connected world thru 'Internet of Everything'. This is leading to 'Convergence of Everything' ( CoE). We will see the assumptions and contexts that were fundamental to today's economic activity ( most of it being driven by inefficiency or limits) will change.

What will be the new world like:

It will be a world where Economic Activity will be characterized by 'Collaboration & co-creation' to create 'Value and Wealth'. It will be more open,transparent and driven by Collaborative Entrepreneur.

The closest example is of the one defined by late Dr C. K Prhalad in his book 'New Age of Innovation': N=1 and R = G world.

The 'hidden hand'- will find it very hard to find a place to find.

Regards

Sandeep