How the Ideas Economy Is Fueling the Global Economy...and How It Could Be Doing Much More

March 15, 2012

5:30pm - 6:30pm

Washington, D.C.


Aneesh Chopra, Vijay Vaitheeswaran, Tony Fratto



Rapid globalization and advances in information technology have changed how nations, corporations, and individuals innovate. "To innovate or die" has become an unofficial mantra in the 21st century; a powerful economic and social force that can help solve some of the world's greatest challenges, ranging from natural resource scarcity to economic growth and job creation.

The new rules of innovation require open and networked models of information exchange, as well as efficient sharing and use of available data. But even innovation has its barriers in today's society, and some question the extent to which the ideas economy impacts the real economy.

A joint presentation of Google and the Milken Institute, this conversation about the current state of innovation featured:

Aneesh Chopra, former Assistant to the President and U.S. Chief Technology Officer

Vijay Vaitheeswaran, Senior Correspondent for The Economist and author of the new book "Need, Speed, and Greed"

Tony Fratto (moderator), CNBC Contributor and former White House Deputy Press Secretary

Introduction by Bradley Belt, Milken Institute Senior Managing Director