Chapter 7:Innovation: The Future

Predicting the future of innovation is like predicting the future itself—it is difficult and fraught with all sorts of discontinuities. Discontinuities such as 9/11, Katrina, the faltering of the banking system, or the bankruptcy of Iceland tend to throw events in different directions. Some trends, however, seem to be in place.

Smaller. Nanotechnology advances will produce many innovations smaller in size than predecessors. Entire newspapers will be printed on sheets of plastic only to be replaced with the next days’ varieties. A small portable chip will carry all of our medical information.

Biomedical breakthroughs. The medical products industry will develop more devices and medications geared to prolonging and ...

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