World-renowned economist Vijay V. Vaitheeswaran provides a deeply insightful, brilliantly informed guide to the innovation revolution now transforming the world. With echoes of Clayton Christensen’s The Innovator’s Dilemma, Tim Brown’s Change by Design, and Jared Diamond’s Guns, Germs, and Steel, Vaitheeswaran’s Need, Speed, and Greed introduces readers to the go-getters, imagineers, and visionaries now reshaping the global economy. Along the way, Vaitheeswaran teaches readers the skills they must develop to unleash their own inner innovator and reveals why America and other wealthy, privileged societies must embrace a path of inclusive growth and sustainability—or risk being left behind by history.
This essential guide reveals the principles and practices you need to master:
- Wicked Problems, Wiki Solutions: Learn how open, networked models of innovation can tame the world’s greatest challenges, from climate change to resource scarcity.
- The Ideas Economy: Understand the new rules of global competitiveness and why knowledge—not just manufacturing—is now the key to prosperity.
- Frugal Innovation: Discover how resourceful engineers in emerging markets are starting to leapfrog their Western competitors, and what established firms must do to survive.
- Greed for Good: Explore how to harness market forces and entrepreneurial energy to solve society’s most important problems, turning purpose into profit.