Summary of Need, Speed, and Greed

How the New Rules of Innovation Can Transform Businesses, Propel Nations to Greatness, and Tame the World's Most Wicked Problems

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Need, Speed, and Greed book summary
What does innovation look like in a changing world?


8 Overall

9 Importance

7 Innovation

8 Style


Zoom co-author Vijay V. Vaitheeswaran blends the old and the new to produce something striking in his latest examination of innovation. Vaitheeswaran, The Economist’s China business editor, mixes familiar points – the world is globalizing, innovation is essential – with surprising insights – innovation has innate dangers. The book’s title refers to three key aspects of innovation: the need to innovate now, the speed of approaching singularity and the direction of innovation, and greed for what success looks like today, though the author actually warns against greediness. However, perhaps because portions of the text already appeared in The Economist as distinct articles, the various sections don’t always fully integrate. That caveat aside, every reader is sure to find something new and useful. getAbstract recommends this smart, interesting exegesis to innovators, those managing innovators and anyone who wants to prepare for a changing world.

In this summary, you will learn

  • Why you and your organization must innovate
  • Where new innovations will come from
  • How to compete in a time of disruptive innovation


Entering the “Ideas Economy”
You live and work in a knowledge-dominated world. Today’s ideas economy operates under different rules than older economies, in which manufacturing dominated. To compete, you must innovate. This new economy isn’t a zero-sum game in which you fight for your ...
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About the Author

Vijay V. Vaitheeswaran, The Economist’s China business editor and a member of the Council for Foreign Relations, also wrote Power to the People and co-wrote Zoom.

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