The Trump administration is reportedly planning to limit immigration for skilled workers in order to boost employment for domestic workers. Yale SOM’s Jeffrey Sonnenfeld writes that such a move would stifle innovation and even endanger Americans’ health.
Dr. Stephen Knight ’90, president and managing partner of the healthcare-focused venture capital firm F-Prime Capital Partners, talks to Yale Insights about how the company evaluates startups—and why launching a company yourself is sometimes the most profitable route.
One analysis estimated that a smartphone is covered by 250,000 patents. As technology grows increasingly complex, companies must navigate a web of intellectual property protections. Are innovation and competition suffering from the race to create enormous patent portfolios? Professor Stefan Wagner of the European School of Management and Technology (ESMT), a member of the Global Network for Advanced Management, talked with Yale Insights about the consequences of “patent thickets.”
Healthcare is an industry as much as a science. Innovations that enable the system to deliver better quality at a lower cost are as likely to come from IT, business processes, and design as from new medicines. Moving medicine fully into the digital world could be the linchpin of a more integrated, coordinated approach, if the technology can mesh neatly with the needs of patients, providers, and payers; existing business models; and the complexity of medicine itself.
Where do the new ideas come from—the ones that change industries and societies? In a lecture at Yale SOM, Prof. Richard Foster explains what creativity is—and isn’t—and describes the kinds of traits, knowledge, and ways of thinking that lead to the moment of creative insight.