ARTS JOURNAL BLOGS
January 6, 2014 by Diane Ragsdale
Happy New Year! This is a condensed and slightly adapted version of a short talk I gave in October at an event called Blowup: Innovation in Extreme Scenarios, hosted by a hub organization called V2, located in Rotterdam.
INNOVATION TO WHAT END?
I predicted in an article I wrote in 2005 that “innovation” would become the next buzz word to emerge in US funding applications and I was right. Predicting the rise of innovation hardly required super human insight. The whole world was striving to innovate—even before the great recession. And over the past few years the hunt for the next great product for the as yet untapped market has become ever-more-desperate.
Speaking of the recession, in 2008, Paul Light, a professor of public service at NYU wrote an article in which he speculated four possible futures for the subsidized sector in the US arising out of the recession:
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Tammy Hampel (Isaacson)
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