Cross-Fertilization and Entrepreneurial Creativity
February 27, 2011 Leave a comment
Ed Lazear’s jack-of-all-trades model, in which people with diverse skills and experience are more likely than specialists to become entrepreneurs, emphasizes the value of cross-fertilization. Ideas from one “knowledge domain” may be useful in another.
Here’s a good example (via Mike Cook): a Missouri transportation engineer with a farming background has developed a new snowplow, capable of clearing multiple lanes at once, modeled after a common piece of farm equipment.
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