Wednesday, January 11, 2023

The Innovation Network

    




Innovation in the digital economy is based on an innovation network of essential technologies and processes, ranging from machine learning to semiconductor chips

Innovation breeds innovation. The emergence of railways in countries such as Britain and France in the 19th century helped to stimulate metal and mining production, drove infrastructure developments, and provided the building blocks to modern economic life.



In both cases, a fundamental new development facilitated the growth of a network of innovation across a range of industries.





It's no different today: many of the world’s largest companies are part of an innovation network that relies on a small set of fundamental technologies. Here’s how the innovation network is driving our digital economy.


The innovation network has defined the growth of many of the world’s most influential companies and industries. It’s also helped establish the dominance of the countries that house them.


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