How Innovation Works: And Why It Flourishes in Freedom
Written by Matt Ridley
Narrated by Matt Ridley
4.5/5
()
About this audiobook
Building on his national bestseller The Rational Optimist, Matt Ridley chronicles the history of innovation, and how we need to change our thinking on the subject.
Innovation is the main event of the modern age, the reason we experience both dramatic improvements in our living standards and unsettling changes in our society. Forget short-term symptoms like Donald Trump and Brexit, it is innovation itself that explains them and that will itself shape the 21st century for good and ill. Yet innovation remains a mysterious process, poorly understood by policy makers and businessmen, hard to summon into existence to order, yet inevitable and inexorable when it does happen.
Matt Ridley argues in this book that we need to change the way we think about innovation, to see it as an incremental, bottom-up, fortuitous process that happens to society as a direct result of the human habit of exchange, rather than an orderly, top-down process developing according to a plan. Innovation is crucially different from invention, because it is the turning of inventions into things of practical and affordable use to people. It speeds up in some sectors and slows down in others. It is always a collective, collaborative phenomenon, not a matter of lonely genius. It is gradual, serendipitous, recombinant, inexorable, contagious, experimental and unpredictable. It happens mainly in just a few parts of the world at any one time. It still cannot be modelled properly by economists, but it can easily be discouraged by politicians. Far from there being too much innovation, we may be on the brink of an innovation famine.
Ridley derives these and other lessons, not with abstract argument, but from telling the lively stories of scores of innovations, how they started and why they succeeded or in some cases failed. He goes back millions of years and leaps forward into the near future. Some of the innovation stories he tells are about steam engines, jet engines, search engines, airships, coffee, potatoes, vaping, vaccines, cuisine, antibiotics, mosquito nets, turbines, propellers, fertiliser, zero, computers, dogs, farming, fire, genetic engineering, gene editing, container shipping, railways, cars, safety rules, wheeled suitcases, mobile phones, corrugated iron, powered flight, chlorinated water, toilets, vacuum cleaners, shale gas, the telegraph, radio, social media, block chain, the sharing economy, artificial intelligence, fake bomb detectors, phantom games consoles, fraudulent blood tests, faddish diets, hyperloop tubes, herbicides, copyright and even—a biological innovation—life itself.
Matt Ridley
Matt Ridley's books have sold over a million copies, been translated into 31 languages and won several awards. His books include The Red Queen, Genome, The Rational Optimist and The Evolution of Everything. His book on How Innovation Works was published in 2020, and Viral: the Search for the Origin of Covid-19, co-authored with Alina Chan, was published in 2021. He sat in the House of Lords between 2013 and 2021 and served on the science and technology select committee and the artificial intelligence select committee. He was founding chairman of the International Centre for Life in Newcastle. He created the Mind and Matter column in the Wall Street Journal in 2010, and was a columnist for the Times 2013-2018. He is a fellow of the Royal Society of Literature and of the Academy of Medical Sciences, and a foreign honorary member of the American Academy of Arts and Sciences. He lives in Northumberland.
More audiobooks from Matt Ridley
The Rational Optimist: How Prosperity Evolves Rating: 5 out of 5 stars5/5Genome: The Autobiography of a Species In 23 Chapters Rating: 4 out of 5 stars4/5
Related to How Innovation Works
Related audiobooks
The Evolution of Everything: How New Ideas Emerge Rating: 4 out of 5 stars4/5Bold: How to Go Big, Create Wealth and Impact the World Rating: 4 out of 5 stars4/5The Beginning of Infinity: Explanations That Transform the World Rating: 5 out of 5 stars5/5This Idea is Brilliant: Lost, Overlooked, and Underappreciated Scientific Concepts Everyone Should Know Rating: 5 out of 5 stars5/5A World Without Work: Technology, Automation, and How We Should Respond Rating: 4 out of 5 stars4/5This Explains Everything: Deep, Beautiful, and Elegant Theories of How the World Works Rating: 4 out of 5 stars4/5Tomorrowland: Our Journey from Science Fiction to Science Fact Rating: 4 out of 5 stars4/5The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution Rating: 4 out of 5 stars4/5The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies Rating: 4 out of 5 stars4/5Inventology: How We Dream Up Things That Change the World Rating: 5 out of 5 stars5/5Humans Need Not Apply: A Guide to Wealth and Work in the Age of Artificial Intelligence Rating: 4 out of 5 stars4/5Abundance: The Future Is Better Than You Think Rating: 5 out of 5 stars5/5The Hidden Habits of Genius: Beyond Talent, IQ, and Grit—Unlocking the Secrets of Greatness Rating: 4 out of 5 stars4/5Creating Things That Matter: The Art and Science of Innovations That Last Rating: 4 out of 5 stars4/5The Industries of the Future Rating: 4 out of 5 stars4/5More From Less: How We Learned to Create More Without Using More Rating: 4 out of 5 stars4/5The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism Rating: 4 out of 5 stars4/5The Third Wave: An Entrepreneur's Vision of the Future Rating: 4 out of 5 stars4/5The Bed of Procrustes: Philosophical and Practical Aphorisms Rating: 5 out of 5 stars5/5Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries Rating: 5 out of 5 stars5/5The Dragonfly Effect: Quick, Effective, and Powerful Ways To Use Social Media to Drive Social Change Rating: 5 out of 5 stars5/5Simple Rules: How to Thrive in a Complex World Rating: 4 out of 5 stars4/5Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets Rating: 4 out of 5 stars4/5The Creator's Code: The Six Essential Skills of Extraordinary Entrepreneurs Rating: 4 out of 5 stars4/5Competing Against Luck: The Story of Innovation and Customer Choice Rating: 5 out of 5 stars5/5The Red Queen: Sex and the Evolution of Human Nature Rating: 4 out of 5 stars4/5Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy Rating: 4 out of 5 stars4/5
Small Business & Entrepreneurs For You
Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Every Tool's a Hammer: Life Is What You Make It Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Create: Tools from Seriously Talented People to Unleash Your Creative Life Rating: 4 out of 5 stars4/5The E-Myth Revisited: Why Most Small Businesses Don't Work and Rating: 5 out of 5 stars5/5Capital Gaines: Smart Things I Learned Doing Stupid Stuff Rating: 4 out of 5 stars4/5Radical Candor: Fully Revised & Updated Edition: Be a Kick-Ass Boss Without Losing Your Humanity Rating: 4 out of 5 stars4/5Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity Rating: 4 out of 5 stars4/5Think Like a Billionaire Rating: 5 out of 5 stars5/5Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential Rating: 5 out of 5 stars5/5Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too Rating: 5 out of 5 stars5/5Nothing Is Missing: A Memoir of Living Boldly Rating: 5 out of 5 stars5/5Traction: How Any Startup Can Achieve Explosive Customer Growth Rating: 5 out of 5 stars5/5The Whole Body Entrepreneur: A Physical and Emotional Self-Care Bootcamp Rating: 5 out of 5 stars5/5Your Goal Guide: A Roadmap for Setting, Planning and Achieving Your Goals Rating: 4 out of 5 stars4/5The Science Of Getting Rich Rating: 5 out of 5 stars5/5Without a Doubt: How to Go from Underrated to Unbeatable Rating: 4 out of 5 stars4/5The Layperson’s MBA: Skipping the Degree without Skipping the Important Lessons Rating: 4 out of 5 stars4/5From the Basement: A History of Emo Music and How It Changed Society Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 5 out of 5 stars5/5Radical Abundance: Mastering the Psychology of Money Rating: 4 out of 5 stars4/5The 7 Secret Keys to Startup Success: What You Need to Know to Win Rating: 4 out of 5 stars4/5The Millionaire Fastlane, 10th Anniversary Edition: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5When the Heavens Went on Sale: The Misfits and Geniuses Racing to Put Space Within Reach Rating: 5 out of 5 stars5/5What’s Holding You Back?: Breaking Through Fear and Insufficiency to Achieve Your Goals Rating: 5 out of 5 stars5/5Dream Big: Know What You Want, Why You Want It, and What You’re Going to Do About It Rating: 5 out of 5 stars5/5Skip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals Rating: 5 out of 5 stars5/5
Reviews for How Innovation Works
80 ratings8 reviews
- Rating: 4 out of 5 stars4/5Good book interesting insights. Overstates occasional positions, but well-researched and easily understood
1 person found this helpful
- Rating: 5 out of 5 stars5/5A thorough examination of the mechanics of the biggest technological changes that will make you rethink your presumptions about how innovations happen.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Matt always does a great job holding my interest. I really enjoyed this book.
- Rating: 5 out of 5 stars5/5Thoroughly enjoyed learning about the origins of innovations we now take for granted. Detailed and informative book. Leaving me with a new perspective on ideas, innovation and the world developing around us.
- Rating: 5 out of 5 stars5/5As a person who loves history, I like how that historical contexts are in place to lead the thought process of the audience. While sometimes dragging, its intention to provide a different perspective on what Innovation must mean is successfully achieved.
- Rating: 4 out of 5 stars4/5Very interesting stories and a generally acceptable theory of innovation. That said, there is quite a bit of pontificating and blind acceptance of an “all technology is good for mankind” attitude that is hard to stomach at times - particularly when it comes to nuclear power.
- Rating: 5 out of 5 stars5/5Thought provoking and insightful- great mix of history and technology to derive great guidance for the future - I look forward to 2050!
- Rating: 5 out of 5 stars5/5Awesome book lots of good information.
I love the many examples.