Interview on Innovation
This summer, the Center for International Economics and Business at the University of Basel recorded a wide ranging interview with me on innovation and growth. Topics covered included my updated thinking about the role of the proprietary versus open innovation, the possibility that code might cause competition to collapse into monopoly in many different industries, and lessons from the pandemic about the role of science.
Outline of the interview
00:24 The economics of ideas?
02:51 Ideas within the firm: How corporate culture may enhance innovation?
05:06 What is the role of the government within innovation processes?
09:28 Markets, science and property rights: How does the diffusion of ideas work?
13:41 Should Switzerland focus on promoting digital industries?
15:50 What is the role of universities in transforming societies?
18:02 Is digitalization threatening market competition?
22:14 How to prevent a collapse of market competition in the age of digitalization?
23:42 What lessons can we learn from the pandemic?
Tracking and Videos
I do not track visitors to this website. I’m also committed to preventing anyone else from tracking visitors to this website. This means that I cannot display videos hosted by YouTube. With this post, I’ve started experimenting with the video hosting offered by Cloudflare. Cloudflare has a conventional business model where buyers pay for its services. As a result, it has an incentive to do what buyers want and to be honest in its representations about what it does and does not do.