The Locus of value in Learning Innovation - full text

Innovation, as opposed to change, is typically defined with respect to an end goal, and is marked by progression toward that goal. Innovation isn’t simply the development of something new, it’s the development of something new that creates value. I think of innovation more broadly, where value is defined not merely by willingness to pay, but in terms of social good, such as the advancement of cultural diversity, or the promotion of individual agency, or the generation of openness and inclusiveness.