How Innovation Works By Matt Ridley

Matt Ridley explores the unpredictable and often misunderstood nature of innovation, arguing that it is a bottom-up, evolutionary process rather than a top-down, planned event. He delves into the stories behind groundbreaking inventions—from the steam engine to artificial intelligence—revealing how progress depends on trial and error, collaboration, and serendipity. Through real-world examples, Ridley challenges the myth that innovation stems from lone geniuses or government directives, instead emphasizing the role of free markets, entrepreneurship, and the free exchange of ideas.

• Explores how innovation truly happens, dispelling common myths.
• Covers historical breakthroughs and modern technological advancements.
• Highlights the importance of trial and error in the creative process.
• Discusses the role of government, businesses, and individuals in driving progress.
• Written in a compelling, accessible style with engaging real-world stories.

About the Author

Matt Ridley is a British author, journalist, and businessman known for his works on science, economics, and technology. His books, including The Rational Optimist and Genome, have received critical acclaim for their insights into progress and human development. With a background in zoology and a deep interest in economics, Ridley presents a unique perspective on how innovation shapes the world.