Creative Economy
This is a speech I gave at the "Bootcamp for Growing Companies and Entrepreneurs" hosted by the Business Alliance. The PowerPoint slides contain speaker notes. The speech was recorded and the audio will be posted soon.
Updated 4/20/08: Link to audio: Creative Economy - Recorded LIVE
Topic: The Creative Economy
Background: Change is something we may try to stop but never will. From the agriculture economy to the manufacturing economy to the knowledge/information economy to that of the creative economy … where wealth creation is dependent upon the capacity of a nation to continually create ideas. In short, a nation without a vibrant creative labor force does not possess the knowledge base to succeed in the creative economy, and must depend on ideas produced elsewhere.
The creative economy is a new a world in which people work with their brains instead of their hands. A world in which innovation is more important than mass production. A world in which investment buys new concepts or the means to create them, rather than new machines.
In this new world … ideas are the new global currency ...
Link to the PowerPoint slides ... which are also available for download.
Link to audio: Creative Economy - Recorded LIVE
Comments
Great speech Phil, to the point.
When you mentioned what is happening for instance in the medical and legal field, I wanted to recommend the book from Dan Pink, A whole new mind.
That covers exactly your intro.
Posted by: Arnold Beekes | April 25, 2008 06:40 AM
If everything taught can be outsourced, and innovation intelligence can be easilly taught -in a podcast-, then it is hopeless. :-)
What will happen to capitalism once the field is completely leveled between western contries and emerging one? We will globally fight for an identical wage/reward from the USA to china, to pakistan, from countries where today the wage is $10/hour to countries where it's $200/year. The market driven economy will crumble like communism did.
We are doomed! dooooomed! :-)
Posted by: Dan Truong | May 20, 2008 10:55 PM