Why Innovation Nations?
Innovation plays a vital role in the success and development of every country. The process of assimilating an innovative culture that advocates producing results and benefits depends on the harmony and synchronization between the people and tools in the system, which will help transform the world into a small global village.
Countries, governments and systems in general are in their most challenging and complex period ever. New models of cooperative economies in decentralized financial systems based on block chain technology, new models of legal systems and idea management, collaborative social systems, complementary and alternative education systems, and even virtual states are taking shape. The challenges of tomorrow in education, industry, commerce, the financial world, and life in general are changing rapidly.
The State of Israel prides itself as the Start-up Nation. The success stories of innovation that it has accumulated are known throughout the world. Innovation is also taking shape in other parts of the world and it is time to tell a new story of cooperation between countries on the political level, between research institutes and industries on an academic-business level, among researchers, company managers and businessmen on a personal level, and taking a multi-disciplinary and multi-cultural approach.
This Guide was written to inspire you to believe that you are not only part of the change but can also initiate change through global collaboration. This creates a cooperative competition (“Coopetition”) and a healthy dialogue between states, countries and individuals. So far the State of Israel has linked itself to its achievements, but here is a new story – a story about cooperation taking place between the State of Israel and other countries in various fields in the context of innovation. Thus, similarly, it is for each country to connect its success stories and collaborations with other nations. Based on these basic assumptions, the guide was written and the platform was developed to encourage creative, entrepreneurial, multi-disciplinary, multi-cultural thinking, and to promote healthy dialogue between people from all over the globe, while addressing the emotional, cognitive and behavioral dimensions of the mediation process between individuals, cultures and people. It is also the magic secret of the TING games.
Global Innovation: The Good, the Bad and the Ugly
Which countries strengthen internal innovation and contribute to global innovation?
Which countries are nurturing their innovation but undermining the global one?
What are the driving forces of innovation in different countries?
Innovation takes place at different levels between different countries. While there are countries that rely on individuals to move the creative process, other countries provide the environment and infrastructure needed to foster and support technological development. Either way, one does not reach `innovation` by chance, countries have to emphasize the creation of conditions that are conducive to the development of innovation.
Global innovation is the creation of new values for the world, whether it is new technologies, new business models, new products and services, or new forms of social entrepreneurship.
The impact of a country’s innovation policy on the wider global innovation system can be negative or positive. Some countries try to strengthen their innovation capabilities through positive policies such as investment in R&D, education, or tax incentives for innovation that contribute positively to the global body of new knowledge. Some countries try to compete through a negative “commercial innovation” policy such as trade restrictions so that it will be local only, export subsidies or inadequate protection of foreign intellectual property rights (IP), a behavior that leads to a reduction in global innovation.
If we sort out the policies under three (3) categories: the good the bad and the ugly, then we would say:
- The Good: Those who contribute to the state and to the world at the same time. A “good” innovative policy involves increasing investments in basic scientific research and development; effective policy to transfer technology from universities and national laboratories to the private sector to trade them; and openness to high-skilled immigration.
- The Bad: Those who failed in contributing to the state or to the world. A “bad” policy, for example, accepts imports that replace domestic industrialization, or restrictions on foreign direct investment (FDI) within the country.
- The Ugly: Those who contribute to the state, but this can have a negative impact on other countries and in general. An “ugly” policy involves manipulation of standards and currency, forced IP transfer or restrictions on the product being localized as a condition for access to the market.
Research shows that there is a high correlation between countries’ innovation policy and their internal innovation success levels. That is, if the policy of innovation is good, it also means doing good for the world. If the world is going to maximize global innovation, we will need to develop stronger mechanisms to encourage countries to contribute more and disrupt it less. Therefore, the most important step may be to focus on global innovation, so that global policy makers, economists and experts will address innovation with the same importance as trade in the optimization of global economic growth and prosperity.
Measuring Innovation in the New Era
As a society we care about what we measure, and we devote to what we measure:
What we measure drives policy making and the development of society in a particular direction. Therefore we must measure progress correctly. If companies and governments blindly accept GDP as their measure of progress, they may maximize the wrong indicator for society.
Smart Capitalism = Gross Domestic Product (GDP) + Gross National Happiness (GNH) + Gross International Innovation (GII)
The Gross International Innovation Index aims to encourage incentives for appropriate policies for governments, nonprofit organizations, and businesses to enable each nation to increase its GII.
The Gross National Happiness Index can be seen as another measure that reflects our new understanding of social progress; and what about an Altruistic National and International Index? What about the Gross National Health Index?
The 10 pillars of Gross International Innovation (GII)
Psychological well-being; health; education; time component; diversity, cultural preservation and resilience; governance; community vitality; diversity, conservation and ecological resilience; standard of living; and friendly AI. The domains represent each of the components of the welfare of the human race, and the term ‘welfare’ refers to the conditions of existence of a “good life” in accordance with the values and principles set by the Gross International Innovation index.
The Gross International Innovation Index will be examined by an international committee of experts. (Detailed in the complete guide).