Where are we at?
- Today’s challenges are increasingly complex and interconnected. The global power dynamic is shifting rapidly.
- Strategic intelligence is a great tool to understand relationships between complex issues.
- Factfulness shows us the world is not as bad as it seems.
How to accelerate innovation nationally.
- American innovation structure is very software-driven with federal R&D for scientific research much slowed down. Policy makers can:
- Increase the number of patents whereby federal agencies and accelerators are working together.
- Think long-term to manage multi-dimensional public policies when leading with hyper disruptors
- Utilize U.S. tech talent by commercializing university lab research
- Create a context where “percentages of failure are quite OK as long as enough large processes succeed” – Reflections on ARPA and PARC by Alan Kay
- Launch open data tools and public incentive prizes – lessons on policy entrepreneurship from the Deputy Director for Policy at the White House Office of Science & Technology
- Nurture “loonshots” with simple truths from management theories – Safi Bahcall
- Create a space for employees in different fields to ideate together – lessons from the Bell Labs
- Other traditional options for non-dilutive financing include grants, loans, SBIR, STTR, vouchers, tax credits, etc:
- In A&D, Internal research and development, IRAD, is the principal tool and IRAD funding is the primary fuel for innovation. “In 2018, only 38% of corporations’ IRAD money went to the 10 topics DoD has outlined as its most important modernization priorities like cyber, artificial intelligence, microelectronics and biotechnology.” How do we create successful university-industry partnerships?
How to engage the world.
- Foreign policy today is networked where technology and diplomacy together play a role. Here are notes on how diplomacy is conducted digitally from my experience at the Office of Analytics.
- Modern public diplomacy is beyond social media tools; we also engage allies and the international audience through policy coordination and building relationships with nontraditional partners.
- Here are 9 ways U.S. State Dept. engages with startups.
- Former State Dept. Policy Planning Director details four models in conducting “webcraft” for acting like networks than like nation states.
- War games is an open innovation strategy adapted from military exercises. Here is how Booz Allen practices it and how it can be applied in planning for complex risks.
- Recommendations from CNAS for Defense Innovation Unit to create an alliance innovation base to incentivize enhance technology protection and share technology opportunities.
- When translating sustainable development goals into reality, Jeffrey Sachs recommends engaging in “backcasting and technology road-mapping.“
- Innovation diplomacy, or “facilitating international collaboration on innovation, with a range of new collaborative approaches” is emerging. How are different nations are undertaking innovation diplomacy on how to capture commercial and public benefits?
- During World War II, American scientists and technologists provided the Allies with new weapons and medicines creating partnerships between the military, industry, and the academy throughout the Cold War. Here is how the partnership endures today.
How to harness private capital.
- Philanthropy is more risk-tolerant than impact investing. Here are my learnings on philanthropy from a conference with donor networks hosted by Jeff Raikes, founder of Giving Compass and former CEO of the Gates Foundation.
- How your daily donation might matter more by William MacAskill
- I like the idea of impact investing. I believe it is personal and value-driven across risk appetites and preferences across asset classes.
- Asset management is shifting toward high tech, risk-integrated models. Arabesque is the best ESG quant tool I have seen out there.
- Global Steering Group is a G15 of countries for impact investing. Global Impact Investing Network sets forth global standards for measurement.
- Check out Impact Capital Managers for a full list of impact funds
- My takeaways from Asia