BIG POTATOES

Innovation cannot prosper without curiosity, serendipity, unpredictable outcomes, inspiring vision, and sheer hard work. But these things are principles, not models of innovation. Market forces may limit innovation, but innovation is too big to be placed on a hockey stick of initial loss followed by profitability, or on a tapering S-curve of market saturation. Nor should the state insist that innovation fit into the straitjackets it lays down.