Every time we reflect on the state of the world’s economy, it seems someone will mention innovation. The insistence on innovation seems to be everywhere. Recently I realised just how closely we have come to associate prosperity with innovation.

I was walking through the immensity of Tiananmen Square where glowing from huge LCD screens proclaim the hopes of a nation:

Love your country – work to improve what you have been given – innovate

Thinking about it though, it is as if everyone mentions innovation without ever mentioning an example of what has been innovated, or how we have successfully innovated recently. There are, of course, examples of people who have overcome the recent economic downturns and adapted business models and technologies to the the advantage of many.

I am traveling to the Annual Meeting of the New Champions with a Technology Pioneer, Sam White, one of these technology-driven people who dream of changing the world. His company, Promethean Power Systems, uses a battery developed at MIT that is being employed as an industrial milk chiller for farmers in India. We are both attending the Annual Meeting of the New Champions in Tianjin this week. So many things waiting for us: strategy, competitiveness, science, video interviews, meetings; but yet the most exciting of all is the unexpected. People we will meet at random who will profoundly impact what we do and how we think.

I hope that when I go back to Boston to run my biotech start-up that I will not forget to love and respect where I live, work hard to improve what I have been given and innovate to make this world a better place.

Author: Elisabet de los Pinos is the founder and Chief Executive Office of Aura Biosciences Inc, selected as a World Economic Forum Technology Pioneer 2010.

cF6klI08Rt4

This article:

Why innovation matters more than ever

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Why Apple is Looking to Vietnam to reduce its reliance on China

Currently, more than 90 percent of Apple devices, such as iPhones, iPads, and MacBooks, are made in China. Experts suggest that Apple’s heavy dependence on China brings potential risks, especially when the US-China trade war shows no signs of de-escalating.

Thailand and China Launch Joint E-Commerce Training Program

Data showed over 2,000 Thai vocational school teachers and students have participated in the e-commerce training programs since they were introduced in 2021.

China M&A deal value soars 50% YoY in Q3 2022

Even though the global deal value saw a 48% year-on-year drop in Q3 2022, China still managed to record 50% growth during the quarter, according to GlobalData, a leading data and analytics company.