My favorite questions

• What is an innovation? What is the difference between ideas, inventions, novelties, discoveries and creations?
• What is a disruption, formally-speaking? Also, what is it informally speaking? Why the distinction?
• What is Performance (or P-space)? How does Performance relate to utility, quantity, price and other microeconomic concepts?
• What is a new market? How do we distinguish a new industry from a new market.
• Do firms matter? Are firms causal to economic growth?
• What is the role of technology in innovation? Can we innovate without technology? Can we fail to innovate with technology?
• Do firms have life in the biological sense? If not how do we measure their existence?
• What are entrepreneurs? What do they do that’s different than what managers or business leaders do?
• How do you navigate P-space? How do you think about your business and economy in performance terms.
• What is a diffusion? Is adoption a good measure of technological progress? What is the connection between diffusions and disruptions?
• How does Capital map to P-space?
• How can we maximize economic growth? Is there a growth algorithm? What is the role of government policy in growth? What about the role of the creation of customers?
• What is the difference between consumption and non-consumption? What is non-production?
• What are the known forms of disruption? Can there be forms we don’t yet know about?
• Why do customers buy solutions? Understanding the causes of purchase decisions.
• Are profit motives necessary for growth? What motivates individuals, if not profit?

If these questions are of interest to you, join the conversation at DisruptiveInnovation.org.