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Detailed text transcripts for TV channel - MSNBC - 20120309:21:46:00

for this to be useful, i need to set up power distribution. because he was able to see this system and bring it together that he was so successful. more and more, we see companies innovating in ways that depend on these partners. what we need for them to succeed is the strategies have these partners clear in focus. the interesting thing is that there s this layers in this conversation. but it suggests you could almost innovate not by creating anything new, not by inventing the lightbulb, but by finding new ways to relate already existing things inside of a network such that value suddenly explodes just by the nature of the relationships. am i understanding you correctly? absolutely right. there can be as much innovation in terms of reconfiguring elements as there is in discovering new elements.

Detailed text transcripts for TV channel - MSNBC - 20120309:21:27:00

to solve. by tapping into the strongest networks of people around us, once we realize we have these problems, we can actually harvest solutions. gary schapiro is ceo and author of comeback. when we talk about the cultures of innovation, why is that first culture, which is how do i learn? what can i find out? why is that precursor so important when you look at places like silicon valley and others who are so good at this? i m talking about the american culture. a nation of immigrants. our forefathers thought they could do something better. it s who we are. we ask questions in our school. we also have a first amendment that allows us to push back against the status quo. plus we re entrepreneurial. our kids have lemonade stands. and we have winners and losers. all that makes us the most

Detailed text transcripts for TV channel - MSNBC - 20120309:21:01:00

one we can at least compare to other similarly broken measures. it s getting a little better. the beast part, those numbers nowhere where we need to be. as we add more jobs, away is revealed is the way we measure joblessness is wrong. as a result, we get more and more people showing up looking for work because as companies start hiring, people who are not counted as unemployed in the 30 million jobs number come out and join the unemployed, if you will, in search of work. as we try to get to 30 million jobs in this country, ultimately, we need to foster a culture that is driven towards collaboration and ultimately innovation to solve our problems and create jobs. something we ll be talking about this hour this afternoon. but let s start with the government s numbers. for that, we bring in our jobs report duo peter morey see and

Detailed text transcripts for TV channel - MSNBC - 20120309:21:47:00

and what s even more fundamental is sometimes having come up with a greater innovation, if you haven t figured out how to reconfigure, no matter how great it is, it s still going to fail. can you give us some examples? sure. so think about high definition tv. so sony and toshiba, they are racing each other to be first in creating a high definition television. it s an enormous challenge. but what you find out, the first one with a high definition tv has gotten first to the starting line of the race and the race won t start until we can create enough high definition content to make the purchase of high definition tvs worth wild. so here s a classic example of someone coming up with a great innovation but because they haven t aligned the other pieces of the puzzle around it.

Detailed text transcripts for TV channel - MSNBC - 20120309:21:34:00

their best companies. our government goes after our best companies. it s not very healthy. it s toure. we understand what you mean generally, but i want to talk about the emotion of what you re talking about. there s this sort of undercurrent to channel anger into innovation. is it really anger that s holding the country back? or is more of a despair that s holding the country back? i think what you re referring to is i wrote a piece about the fact that americans are angry at the government because republicans and democrats have themselves in a corner and are not solving problems. republicans are trying to deal with the costs of entitlements and are getting beat up by democrats. so we re not dealing with the fundamental questions we have to deal with. the big one is the deficit. it s killing us. it will kill innovation in so many ways.

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