Ingenesist Project

= project for innovation economics

URL = http://www.ingenesist.com/

Description

"The Ingenesist Project is a non-profit, open-sourced economic development program. Our primary objective is to start an extremely important conversation regarding knowledge tangibility and the formation of a true Innovation Economy. This is important because the current economic paradigm may be approaching the end of it’s service life.

Our secondary objective is to specify and guide the development of 3 strategic web applications to be deployed to social networks which could induce an Innovation Economy."

Discussion

The Innovation Economy:

"The Ingenesist Project has identified three relatively simple web applications which, when deployed to Social Networks, will allow human intellect, social capital, and creativity to become tangible outside the construct of the traditional corporation.

1. The knowledge inventory

2. The Percentile Search Engine

3. The Innovation Bank

The factors of production for an Innovation Economy are Social Capital, Creative Capital, and Intellectual Capital. The knowledge Inventory classifies knowledge assets in social networks. The Percentile Search Engine assembles unique knowledge asset combinations and returns their probability of executing a given business objective. The Innovation Bank matches most worthy knowledge surplus to most worthy knowledge deficit. Finally, entrepreneurs elevate knowledge assets from lower states to higher states of productivity thereby creating wealth in communities.

The Ingenesist Project has a Patent Pending for an Innovation Banking System and will release all rights to the public domain.

The New Market

Countless “new-to-the-world” business plans and patentable methods, systems, and devices will result from the development and deployment of these three applications.

Entrepreneurs are encouraged to patent, protect, or contain all intellectual property that they develop as a result of these applications and become as wealthy as they possibly can.

The entrepreneur’s “Secret-Sauce”, however, must be shared with The Ingenesist Project in order to improve the Percentile Search Engine Algorithm for the benefit of the public domain.

Conclusion:

The factors of production of an Innovation Economy are Social Capital, Creative Capital, and Intellectual Capital.

Deficit spending is unsustainable. The existing financial system has exceeded its ability to pay back the debt and is being consumed by the interest on this debt.

As the dollar devalues, society will need to have another system in place ready to increase productivity. This next economy must have a currency backed by a tangible asset. In this case; Social Capital, Creative Capital, and Intellectual Capital." (http://www.ingenesist.com/the-ingenesist-project)

More Information

7 part intro to innovation economics at http://www.ingenesist.com/iec-101