Sublime

The origins of the current great surge, the fifth since the end of the eighteenth century, dates back to 1971 when the first microprocessor was developed by Intel, a company founded three years earlier by Robert Noyce and Gordon Moore[46]. Thanks to the integration of all the key components of a computer on a single chip, the microprocessor would g

1. A critical niche in the innovation ecosystem once occupied by industrial labs is unfilled.


2. The current innovation ecosystem — academia, startups, and modern corporate R&D — do not cut it.


3. A private organization that riffs on DARPA's model could fill this niche.


4. Private ARPA (PARPA) will de-risk a series of hypotheses and

Porsche's masterstroke was thinking about monetization long before product development for the SUV was in full speed, then designing a car with the value and features customers wanted the most, around a price that made sense. The result was total corporate alignment: Porsche knew it had a winner, and had the confidence to invest accordingly.

Then-CEO Eric Schmidt shared a simple but extremely effective framework to resolve these tensions: 70-20-10. Google would devote 70 percent of its resources to the core business, 20 percent to emerging products, and 10 percent to research and development for future products.

Adobe, Amazon, GE, Goldman Sachs, Mastercard, the