How do we become more digital & innovative faster? This is an intense discussion at the moment.

That our science is capable of leap innovations has been proven, for example, with the MP3 format. The first Covid19 vaccine also came here. BioNTech, CureVac and Moderna also benefited from funding from a national competition held by the Drapa research agency, a U.S. government institution. We also have such an agency - the SPRIND - Federal Agency for Leap Innovations.

"Between basic research and finished product lies the valley of death" I read in a refreshing interview with its head Rafael Laguna in the FAS on May 30. For innovations that divide the world into a "before" and an "after", it takes a lot of money over a long time.

In my opinion, just as crucial: It takes management, administration and a culture that allows and even encourages failure as part of the innovation process. In Germany, we do everything we can to avoid failure. In doing so, we risk that nothing will move forward.

How do we get it right? Taking responsibility and starting with ourselves is a good first step. Not "would have", "could have", "should have" - do.

#change #innovation #digitalization #makessense



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