the innovation paradox

In a complex society like the one in which we live, any object we use daily results from a whole set of interactions among market participants, which is so complex that we can hardly grasp it in full. And that goes for very simple objects (like a pencil) to much more complex ones (like the smartphone you might carry in your pocket). We might take this for granted, but this argument gets even stronger when it comes to technology and innovation.​ It took me over a decade to mature this idea,...