UIDP Conversations | Matt Ridley on Innovation, Serendipity and Freedom
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In this wide-ranging discussion, Matt Ridley—author, journalist, businessman—dives into the role of serendipity and collaboration in innovation, why innovation itself is an “infinite improbability,” and how freedom is the necessary element for innovation to flourish.
Nobody does innovation from first principles, all on his own in an ivory tower, and achieves a good result. What happens is that people go out there and make mistakes and eventually get it right. You can tell the stories of the Wright brothers or Jeff Bezos and Amazon as a string of failures. They made disastrous mistakes at every step. And yet they learned from those mistakes.