Some people think you have to have new and big ideas for big growth and big change. Every year people debate what changes better or worse is ahead. We have an opportunity to reinvent existing things in America. We need to reinvent and grow those opportunities that are already there. America needs to become more tolerant of risk to get ahead.
- According to the author, the reasons for this problem are various – from growing “hurdles for transforming ideas into commercially successful products” to costly, complex and failure-prone advances in science, medicine and technology to an aversion to real trial and error to government regulation.
- Whether you agree with some or all of these reasons, the author argues, one thing is certain:
- America needs to become “more tolerant of risk to help overcome the hurdles to innovation” and “the pursuit of what’s next”
“As the new year approached, discussions with family and friends turned as usual to thoughts about the future. But of course 2016 was anything but usual.”
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