In short, many of our institutions are stalled, lacking vitality, leadership, and dynamism. It’s like every last ounce of oxygen has been squeezed out, leaving a mess of deflated expectations and chronically underutilized resources. This apparent paralysis, in turn, begs some pretty fundamental questions: if the knowledge, leadership, and capability required to solve the really tough problems can’t be found in the corporate headquarters and national capitals around the globe, will it be found at all? And if so, where will the new insights and leadership come from?
Citizens of the European Union, for example, can now visit the European Environment Agency’s (EEA) Eye on Earth portal to access real-time information about environmental quality (including air and water quality readings) in the EU’s twenty-seven member countries.
we need a sustainability commons—a place where businesses, nonprofits, universities, and governments can share and collaborate around green innovations. “We need to do a lot fast and being really good at sharing resources is critical,” says Dave Witzel of the Environmental Defense Fund. “Increasingly that means sharing within businesses, across businesses, across business sectors, between the private sector and the public sector, and across national boundaries.” For Witzel,
according to a study by the Ewing Marion Kauffman Foundation. The report concludes that the venture capital industry’s declining returns are due in large part to the rapid expansion in venture capital assets under management during the past decade. Since the influx, VCs have struggled to figure out how to adapt and allocate the new funds in profitable ways. Dr. Paul Kedrosky, the author of the Kauffman report and an adviser to many VC funds, explains: “Professionals in the venture industry have gotten comfortable with the way their industry is set up in terms of size, structure and compensation....