Innovation

Problems and Solutions

As a reaction to the industrialization of agriculture, particularly the disproportionate land use for livestock, there is growing interest in plant-based meat alternatives. However, even these innovations may have unforeseen consequences, such as deforestation due to increased soy demand. Scientific advancements often solve problems while simultaneously creating new ones, challenging ethical norms and leading to continuous cycles of innovation and adaptation.

Timing is Everything

The success of innovation doesn’t correlate directly with statutory or structural impediments, but rather depends on timing and the right set of circumstances. Creating environments conducive to serendipitous connections across unconnected disciplines can foster innovation.

Funding Science

Science funding requires patient capital. The NRF should follow 3 principles as it disburses its funding. (i) projects should get long term funding commitments that are protected against political change, (ii) they need operational autonomy so that researchers can follow their own paths and (iii) the NRF should no longer fund government laboratories but focus on finding academia.

Patient Capital

Breakthroughs in science require patient capital that must be provided by the government. Scientists need to be given a long rope and not be held to the standards of accountability to which we typically hold the government. They need to have bipartisan [[political support]] as they operate at time-scales beyond that which politicians normally function within. They need pipelines to market that will allow these ideas to be naturally commercialised.

Subscribing to Things

The transition from owning things to subscribing to things is going to be hard until there is widespread market adoption and greater choice. Consumption is central to our economy and the only way we know to consume is by owning things. However once digital distribution becomes seamless we can subscribe to whatever we need to consume whenever we need them.