Chapter 16 and Cairns, Overbaugh, & Miller (1988) suggesting that a potential higher rate of mutation (thus potentially "creativity" is happening when there is a higher environmental pressure)
to correlate with my personal experience (January 09) or the more classical "student syndrome")
Outcome metrics are in wide use is Assessing innovation metrics: McKinsey Global Survey Results for The McKinsey Quarterly, November 2008
In general, they [High performers] have a greater interest in pursuing and measuring their innovations as a portfolio: they are more likely than other respondents to pursue and measure all types of innovation, and nearly a quarter (far more than other executives) say that creating a balanced portfolio of innovations is one reason they use metrics.
The new entrepreneur often seeks ways to innovate outside the scope of the newly established regulations. In the beginning, all that works out fine. We have innovations, we love the people who created them, they’re great heroes, the returns are strong, everybody says, "I’m going to be one of those guys." Eventually, all the truly good guys who are going to get into that business have done so. The opportunity starts drawing less savory figures - charlatans who overmarket, cut corners, establish usurious contracts, and do other clever things to generate profit for themselves. They end up bringing the system down. Then guess what happens? At the end of that period, after the equity premium has soared and collapsed again, the government steps in and regulates the systems, this time focusing on the last wave of abuse. And then we start over.
Page last modified on January 09, 2009, at 09:49 PM