Innovation Without Age Limits (article key points)

Innovation Without Age Limits (article key points)

An interesting business report entitled Innovation without Age Limits can be found on MIT's Technology Review website (http://www.technologyreview.com/news/426760/innovation-without-age-limits/)

Some takeaways from this article follow:

  1. Young stars dominate the technology headlines. But outside the Internet, research shows, innovators are actually getting older as complexity rises.
  2. Research by Wadhwa (2012) revealed that the average and median age of the founders of successful U.S. technology businesses (with real revenues) is 39. We found twice as many successful founders over 50 as under 25, and twice as many over 60 as under 20. So everyone has a shot at success, but age provides a distinct advantage.
  3. The young have the outrageous ideas, but its older people who achieve business success.
  4. Kellogg School of Management economist Benjamin F. Jones looked at the backgrounds of Nobel Prize winners and other great inventors of the 20th century. He found that the average age at which they made their greatest innovations was 39. The largest mass of great advances – 72 percent – came in an inventor’s 30s and 40s, and only 7 percent came before the age of 26.

Wadhwa, V. (2012, February 1). Innovation without age Limits. MIT Technology Review.

Comments

About the Author

Jessica Keyes

2021

Articles/Blogs

Journal of Leadership Studies-Symposium Piece-Relational Leadership: Perspectives of Key Constructs on Diversity, Inclusion, and Social Equity in Higher Education

Psychology Today
Blog Posts Published

Conferences

American Psychological Association Conference-Utilizing Clinical Hypnotherapeutic Intervention with CBT to Treat Pandemic-Aug. 13-2021 Symptomology

ILA Conference Geneva Switzerland 2021
Presenter -Topic-"The Stress Arc in Leadership and 3 Powerful Disciplines for Mitigating Major Stress Impacts in a New Era"-Upcoming
Presenter -Topic-“Improving Higher Education’s Role in Diversity and Social Equity through Relational Leadership in the New Era”-Upcoming
Presenter-Topic-"Healthcare Leadership-Using Virtuous Leadership in Chaos to Reimagine Beneficial Practices of Employee Cognitive Psychology"-Upcoming
 
2021-Knowledge Without Boundaries National Summit-College of Doctoral Studies Research Conference-University of Phoenix-Panel Discussion-"Exploring Emergent Trends in Leadership and Education"-Based on published symposia article from the Journal of Leadership Studies- https://onlinelibrary.wiley.com/doi/full/10.1002/jls.21734

 

Jessica Keyes
More posts by author:

Visit Our Blog

Visit the Research Process Blog for insights and guidance from University researchers Go >>


 

Recent News