.
 
Feb  19, 2013 01:00 PM ESTTheWashingtonPost 
(http://www.washingtonpost.com/blogs/innovations/post/innovation-for-the-one-percent/2013/02/18/7321ccb8-778
0-11e2-b102-948929030e64_blog.html#license-7321ccb8-7780-11e2-b102-948929030
e64)   
Innovation for the ‘one  percent’
By _Dominic Basulto_ 
(http://www.washingtonpost.com/dominic-basulto/2011/06/16/AG7kBiXH_page.html) 
 

It’s almost become a political truism that there are two dominant engines 
of  innovation in this country — the government and corporate sectors, 
existing  side-by-side, each with its own strengths. Today’s fractious 
political  
environment means each view has a home — one on the right and the other on 
the  left. While the left trumpets the innovation potential of of the 
government, the  right sings paeans to the innovation potential of the 
individual 
entrepreneur.  
But what if there is another way to think about innovation? 
A better heuristic for understanding how innovation happens in this country 
 is to realize that there are two parallel tracks of innovation right now 
in  America. One group of innovators gives us Facebook,_ as an MIT Technology 
Review cover story outlined,_ 
(http://www.technologyreview.com/magazine/2012/11/)  while  another group of 
innovators seeks to give us Mars colonies. 
On one track, you have the innovation contributions of the “99 percent” — 
or  the “crowd.” It is the crowd that has been responsible for many of the 
most  exciting innovations in the digital and mobile worlds over the past 
few years.  It is the crowd that has given us extraordinarily powerful 
innovations such as  “crowdfunding” and “open source,” and, yes, Facebook. 
These 
types of innovations  are almost impossible to create by a government agency 
or even by an entrenched  corporation. They can only be dreamt up in 
college dorm rooms or developed while  tinkering in the garage. For that 
reason, 
you will rarely hear politicians  mention the crowd in any type of major 
policy speech. 

President Obama delivers the  State of the Union address to a joint session 
of Congress on Tuesday, Feb. 12.  (Joshua Roberts - BLOOMBERG) On the other 
track, you have the  innovation contributions of the “1 percent” — the 
self-made multi-millionaire  tech moguls such as Jeff Bezos, Elon Musk and 
_Bill Gates_ 
(http://www.washingtonpost.com/business/technology/bill-gates-on-reddit-thoughts-on-steve-jobs-windows-and-the-next-disruption/2013/02/11/9f81ba
58-7491-11e2-aa12-e6cf1d31106b_story.html)  who work on the big projects of 
 the day, developing an interplanetary space ship, conceptualizing new 
ideas for  asteroid mining, mapping the human genome and creating new 
health-care  solutions. While it may be easy for some to dismiss the 
contributions of 
the 1  percent of society, it’s actually these self-made entrepreneurial 
risk-takers  who are leading the charge on some of the most important issues of 
the day that  usually extend well beyond their original domain expertise, 
such as Bill Gates  leading the charge on health-care innovation. Some have 
even _likened today's new tech moguls to the Carnegies  and Rockefellers of 
an earlier age_ 
(http://www.guardian.co.uk/technology/2012/jul/01/new-tech-moguls-robber-barons)
  — individuals who eventually transformed  their 
fabulous wealth into a mechanism for advancing society. 
Viewed from this perspective, many of America’s innovation priorities 
alluded  to in _President Barack Obama's State of the Union  address_ 
(http://www.washingtonpost.com/politics/president-obamas-state-of-the-union-address/2013
/02/13/69842698-7572-11e2-8f84-3e4b513b1a13_video.html)  — creating new 
sources of clean energy, developing new 3D printer  technology, mapping the 
human brain, analyzing the human genome — take on new  meaning. Instead of 
asking yourself which of these should be solved by  government or by the 
private 
sector, ask yourself which of them can be solved by  the crowd and which of 
these can be solved by the 1 percent.  

Tesla workers cheer on one  the first Tesla Model S cars sold during a 
rally at the Tesla factory in  Fremont, Calif. in June 2012. (Paul Sakuma - AP) 
Most likely, many  innovation problems, such as clean energy, will need to 
be solved by a combined  effort of the one percent and the 99 percent. You 
need people like Elon Musk,  someone who had the moxie to _take on the New 
York Times over a flawed review  of his Tesla Model S_ 
(http://publiceditor.blogs.nytimes.com/2013/02/18/problems-with-precision-and-judgment-but-not-integr
ity-in-tesla-test/) , to move the ball forward on a concept like the  
electric car. Then, you need the 99 percent of society to come up with  
innovative ideas to make the electric car an everyday reality, such as clever  
ideas 
for funding electric car purchases or new ideas for electric car charging  
stations. 
As much as it’s tempting to talk about “smart government,” a clever hybrid 
of  both “Big Government” and “Smart Business” that President Obama 
suggested in his  State of the Union, it’s easy to see how this concept will 
also 
get mired in the  political muck, especially by those who cringe at any 
permutation of the word  “government.” But innovation should not be an 
either/or proposition. We should  not be talking about it in terms of “either 
we 
fund government, or we let  the private sector do its thing.” Instead, we 
should be talking about the  concrete steps that we can take to let the 1 
percent and the 99 percent work  their magic and take on the big, audacious 
ideas 
of our age. Though Thomas Alva  Edison said genius is “99 percent 
perspiration and 1 percent inspiration,” the  same could arguably be said of 
innovtion. That said, don’t be surprised if the  next, great innovation of our 
age 
will entail 99 percent perspiration by the  crowd and 1 percent inspiration by 
the leading tech moguls of our  age.

-- 
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