1. Adeo Ressi: Founder Institute

4. Limits of Innovation
 Limits of Language & Understanding
 Cloud of Opportunities
 The Adjescent Possible
 Simultaneous Inventions
 Myth of the Rougue Genious

5. Fantasy and Fiction
Faster than Light Travel
Fusion Reactors
Eternal Life
Possible Innovations
Flying Car
Renewable Energy
Interplanetary Habitation
Efficiency Innovations
Electric Vehicles
Smart Grid
Genome Therapies

7. The Innovation Ecosystem
Labor / Talent Raw material for execution of ideas
Training Develop relevant vocational skills
Market Unrestricted access to information and trade
Regulation Incentives and penalties for risk taking
Capital Resources to accelerate success
Media Reporting on the state of the art
Myths / Stories Success stories to inspire risk taking

8. Ecosystem Mistakes
Labor / Talent Restricting the labor pool with immigration
Teaching entrepreneurship without practical
Training skills
Market Restricting intellectual property (ITAR)
Regulation Penalizing risk with bankrupcy laws
Capital Overfunding idea-stage businesses
Media Censorship and libel laws
Myths / Stories Few or no success stories

10. The Entrepreneur
(s% + t%) x (o% + i%) + e =
SKILLS EXPERIENCE OPEN INTEL ECOSYSTEM
 s Skills: vocational training
 t Experience: appied skills
 o Openness: nutured
 i Fluid Intelligence: genetic
 e Ecosytem

11. Entrepreneurship
 Heavy Sensitivities
 Often Circumstantial
 Partially Genetic
 Less than 2% of the Population

13. Idea Catalyst
 An Emotional Response
 Pain
 Anger
 Excitement
 Curiosity
 Sustained by Passion
 to Triumph over Adversity

14. Common Misperceptions
 Can not “Create” Entrepreneurs
 Impossible to “Teach” of Entrepreneurship
 Create an Environment for Entrepreneuship
 Can not Force Ideas
 Encourage Innovation in Sectors
 Higher Education does not spawn
Businesses

16. Spawning Innovation
Encourage Risk Introduce full bankruptcy protection
Reward Capital Eliminate capital gains taxation
Reduce Burdens Simplify the incorporation process
Open Markets Deregulate the free exchange of ideas
Simplify the IPO Allow for the fast track of public offerings
Produce Heros Award and recognize winning companies
Introduce a $500 MM prize for innovation
Spawn Ideas ideas

17. Closing Thoughts
 Innovation is Needed
 Genomics
 Power Generation and Transmission
 Transportation
 Space Exploration
 Global Development
 Food Production
 Reduce Failure of Innovative Businesses
 Structure, Mentoring and Support