Dispatches from the Frontier
Musings on Entrepreneurship and Innovation
Wednesday, August 31, 2005
Videoblog: Innovation, Clockspeed & The Red Queen Effect
Musings on Entrepreneurship and Innovation
Wednesday, August 31, 2005Videoblog: Innovation, Clockspeed & The Red Queen Effect
"Because the information component of products can change faster, it will change faster. Because information can be rapidly disseminated, it will be rapidly acquired by others. As a result, product life cycles will continue to shrink, and the pace of change will continue to accelerate."
Adaptive Enterprise, Stephan H. Haeckel
What happens to the requisite pace of innovation when industry clockspeed increases by just 10% per year?
The magnitude of the answer might surprise you. It sure surprised me.
Let me show you: Click Here for Flash Movie (7:13)
9:23:21 PM 