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To increase the level of innovation in an economy it helps to have a model of how the innovation ecosystem works, and to be able to diagnose where the problems are, before designing policy interventions.More innovation in an economy can result in faster growth and increased social mobility. So encouraging innovation is a hot topic. In this live recording of a keynote lecture, Dr. Richard Caro describes a model of the Innovation Ecosystem and discusses an approach to auditing it for a specific regional economy.This lecture was given in June, 2007, in Mexico City, at the National (Mexican) Lifesciences Innovation Competition, organized by Merck Sharp and Dohme. Richard Caro is CEO of TangibleFuture, Inc., based in San Francisco, USA.
