Need, Speed, and Greed

Need, Speed, and Greed

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Vaithesswaran, Vijay V. HarperBusiness, 2012 Audio summary available
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IN THIS SUMMARY

Need, Speed, and Greed is a guide to how innovation can solve the world’s most challenging problems. Author Vijay Vaitheeswaran documents the philosophies of many economists and business experts, and documents many examples of progressive business practices that work. If innovation is motivated by affordability and sustainability instead of greed, it can be profitable and benefit consumers and society. The new paradigm should be altruistic greed. New strategies that work include open innovation, bottom-up innovation, and crowd-sourcing. Governments need to change policies to stimulate innovation, but more regulation is not a solution. Overall, cooperation is a key to success—entrepreneurs, businesspeople, and governments need to work together.