This programme is subject to change. The Economist 2011 ©

Ideas Economy: Innovation Stimulating economic growth

March 28, 2012 in Berkeley, Calif. Synopsis Staggering growth in developing economies—as well as new networking technologies and a renewed spirit of entrepreneurialism—is democratising innovation throughout much of the world. Yet, huge global risks threaten to impede the pace of innovation. Countries from America to Japan are reeling under the weight of enormous debts. Emerging economies from China to Brazil, which have surged in recent years, are battling growing pains—like inflation and widening inequality. In Europe, chronic defaults and bailouts threaten the future of the euro itself. The result is a global political and economic climate that makes fueling innovation both difficult and necessary. With crucial presidential elections unfolding in many large countries throughout the world in 2012, now is the time to answer crucial questions about how to boost innovation—to propel nations and solve the world’s problems. Ideas Economy: Innovation will explore the role of governments, corporations and individuals as drivers of innovation and develop prescriptions that lead to lasting progress and prosperity. We will engage in a lively examination of current political and economic policies around the world, develop a keen understanding of how the forces of globalisation affect the ways companies innovate and manage innovation, and discuss what individuals can do, not only to energise their own creative and intellectual potential, but to develop jobs, improve company earnings, and contribute to economic growth around the world. Chair Vijay Vaitheeswaran, China Business Editor, The Economist Daniel Franklin, Executive Editor, The Economist & Editor, The World in Confirmed Speakers Gina Bianchini, chief executive, Mightybell Carl Bass, chief executive, Autodesk Stewart Brand, co-founder and president, The Long Now Foundation Clayton Christensen, professor, Harvard Business School Andrew Chung, partner, Khosla Ventures Beth Comstock, senior vice-president, GE Andras Forgacs, chief executive, Modern Meadow; co-founder, Organovo Andie Grace aka “Actiongrl”, communications manager and regional network manager, Burning Man Vijay Govindarajan, professor of international business, Tuck School of Business, Dartmouth College; Author, “Reverse Innovation”

This programme is subject to change. The Economist 2011 ©

Craig Hatkoff, co-founder, Tribeca Film Festival Naveen Jain, founder, The World Innovation Institute Irwin Kula, president, Clal Ann Lee, Author, “What the US Can Learn From China” Colleen McCreary, chief people officer, Zynga Shreeraj Pawar, consultant, Accenture; winner, Pictures of Tomorrow Challenge A.K. Pradeep, president and chief executive, NeuroFocus Kalimah Priforce, founder, Qeyno Labs Joseph Nye, professor, John F. Kennedy School of Government, Harvard University James Quigley, senior partner, former Chief Executive Officer, Deloitte Touche Tohmatsu Limited David Rose, chief executive, Gust Leonard A. Schlesinger, president, Babson College Jason Silva, co-founding host, Current TV Benjamin Skowera, associate, SEI Investments James Syhabout,executive chef, Commis Don Tapscott, co-author, “Macrowikinomics” Laura Tyson, professor, Haas School of Business, University of California, Berkeley Vivek Wadhwa, vice president of academics and innovation, Singularity University Haiyan Wang, founder and managing partner, China India Institute Programme 8.00 am Registration and refreshments

9.00 am Opening remarks

Vijay Vaitheeswaran, China business editor, The Economist

9.15 am Megachange: The world in 2050 This session will examine megatrends across four main areas: ‘people’, ’life and death’, ‘economy and business’ and ‘knowledge’. Based on a new book from The World In… editor Daniel Franklin, this will explore the fundamental shifts happening around the world over the next 30 years. Daniel Franklin, executive editor, The Economist & editor, The World in…

9.30 am Long-term innovation: The long conversation In a world fraught with political fighting and short-termism, this special session from The Long Now Foundation will explore ways to build a culture of innovation for the twenty-first century, and maybe even save the planet along the way.

This programme is subject to change. The Economist 2011 ©

Stewart Brand, president, The Long Now Foundation Joseph Nye, distinguished service professor, John F. Kennedy School of Government, Harvard University Laura Tyson, professor, Haas School of Business, University of California, Berkeley Naveen Jain, founder, The World Innovation Institute Daniel Franklin, executive editor, The Economist & editor, The World in…

10.45 am Morning break Sponsored by Top Tier Capital Partners

11.15 am 11.45 am

The world turned upside down: Innovation in reverse Today, more and more companies are developing products in countries like China and India before distributing them globally. What happens when the locus of innovation shifts to the developing world? Vijay Govindarajan, professor of international business, Tuck School of Business, Dartmouth College; Author, “Reverse Innovation” Beth Comstock, senior vice-president, GE Moderator: Vijay Vaitheeswaran, China business editor, The Economist The end of cheap China: Innovation in manufacturing Carl Bass, chief executive, Autodesk Vivek Wadhwa, vice president of academics and innovation, Singularity University Moderator: Vijay Vaitheeswaran, China business editor, The Economist

12.00 pm Cultural phenomenon: Building a disruptive corporation Traditionally, big companies have been vulnerable to disruptive start-ups who can move more nimbly into new markets. But companies today are learning how to build disruption into their DNA. This session will explore the intersection between leadership, corporate culture, and disruptive innovation. Clayton Christensen, professor, Harvard Business School James Quigley, senior partner, former chief executive, Deloitte Touche Tohmatsu Limited

This programme is subject to change. The Economist 2011 ©

Moderator: Vijay Vaitheeswaran, China Business Editor, The Economist

12.30 pm The innovator’s antenna A rapid fire, Pecha Kucha-style series of visual presentations that highlight the six senses that every innovator needs. Andras Forgacs, chief executive, Modern Meadow; co-founder, Organovo Andie Grace aka “Actiongrl”, communications manager and regional network manager, Burning Man Colleen McCreary, chief people officer, Zynga Kalimah Priforce, Founder, Qeyno Labs Jason Silva, co-founding host, Current TV James Syhabout, executive chef, Commis Curator: Martha Denton, founder, The Presentation School

1.00 pm Lunch

2.15 pm Disruptive innovation 2.0 Disruption is everywhere and disruptive innovation can apply to anything—or can it? This session will explain how to identify and unleash disruptive potential across a broad spectrum of human endeavor, from business and finance to religion and the arts. Irwin Kula, president, Clal Craig Hatkoff, co-founder, Tribeca Film Festival Moderator: Daniel Franklin, executive editor, The Economist & editor, The World in…

2.45 pm The Pictures of Tomorrow Challenge A special session from The World In 2012 Festival Shreeraj Pawar, consultant, Accenture; winner, Pictures of Tomorrow Challenge Moderator: Daniel Franklin, executive editor, The Economist & editor, The World in

2.50 pm The Economist-InnoCentive Transparency Challenge Recent world events have shown how social networking platforms can help citizens coordinate large-scale action and facilitate the spread of

This programme is subject to change. The Economist 2011 ©

democracy. But what is the next step? The Economist, in partnership with InnoCentive, crowd-sourced a challenge to identify an emerging technology or global information platform that can be used to motivate transparency in governments. The winning solver will be interviewed on stage. Benjamin Skowera, associate, SEI Investments Moderator: Matthew Bishop, US business editor & New York bureau chief, The Economist

3.05 pm The see-through chief executive In a world of radical transparency, companies have no other choice but to embrace openness. Hear stories from the front lines about ways that companies and leaders have used the transparency movement to promote creativity, innovation, and growth. Don Tapscott, co-author, “Macrowikinomics” Moderator : Matthew Bishop, US business editor & New York bureau chief, The Economist

3.30 pm

The see-through consumer Breakthroughs in neuroscience, technology and big data now enable companies to know more about their customers than ever before. Is this creating a more innovative and efficient global marketplace? And what are the opportunities for finding new connections and building stronger relationships? A.K. Pradeep, president and chief executive, NeuroFocus Moderator: Vijay Vaitheeswaran, China business editor, The Economist

4.00 pm Afternoon break Sponsored by Australian Trade Commission

4.30 pm Need, speed, and greed: Entrepreneurship for a disruptive world Barriers to entry in many industries have disintegrated, innovation is increasingly shifting to the developing world, and companies must now function in a climate of constant disruption. This session is a provocative examination of whether nourishing entrepreneurship can solve the

This programme is subject to change. The Economist 2011 ©

problem of economic stagnation in the coming decades. Gina Bianchini, chief executive, Mightybell David Rose, chief executive, Gust Leonard A. Schlesinger, president, Babson College Moderator : Vijay Vaitheeswaran, China business editor, The Economist

5.15 pm An Economist style debate on global innovation Using Oxford-style debate rules, a proposition is set forth and each team of expert speakers – one proposing the motion and one against – will have five opportunities to use reason and logic to advance their position. A straw poll will be taken ahead of the debate commencing and again at the end. The moderator will declare the winner live. Proposition: America is winning the innovation race Defending the motion: Vivek Wadhwa, Vice-president of Academics and Innovation, Singularity University Haiyan Wang, founder and managing partner, China India Institute Against the motion: Andrew Chung, partner, Khosla Ventures Ann Lee, Author, “What the US Can Learn From China” Moderator: Vijay Vaitheeswaran, China business editor, The Economist

6.15 pm Closing remarks

6.30 pm Cocktail reception Sponsored by Chevron