Public and private institutions both have a role to play in innovation by shaping and creating markets. The question is how public organizations should be structured to better accommodate risk-taking and build the capabilities to manage the challenges created by disruption.
With my remarks today on financial markets and the financial crisis, I do not make any claims to originality. Rather, they are intended as a reminder of certain circumstances that are already familiar to us, in one form or another. Read more
In the United States achieving equal opportunity in postsecondary education is typically described in terms of enrolling more underrepresented groups into the selective colleges. The belief is that if this step is accomplished it will have a fundamental impact on the problem of inequality at the national level. However, what if there are not enough places in selective colleges to accomplish this goal? What if the selective colleges do not have enough capacity to make a significant impact in the problem of serving students from underrepresented groups withdemonstrated high abilities? Read more