Is the innovation ecosystem wasted on the young? Why startups aren’t just for those starting out in life.

By Professor Tonya M. Evans

Why startups aren’t just for those starting out in life

Innovation isn’t just for the young (READ: Millennials & Gen Zers of the world). Sometimes youth actually impedes success in the latest wild, wild west that is innovation and tech. Experience, knowledge, and wisdom after a few decades of earning and learning are evergreen and invaluable, in my humble (and mature) opinion. I believe that life-long, intellectually curious learners are also (and especially) poised to contribute and, of course, to profit.

Neha Trhiani Bahri wrote about this topic earlier this year in an article published by Quartz Magazine. She explained that although the startup ecosystem seems to “worship the young,” research actually shows that people are most innovative when they’re older. Bahri cites a 2016 study (pdf) by the Information Technology & Innovation Foundation “that looked at the demographics of over 900 individuals who have made high-value meaningful, marketable contributions to technology-heavy industries in the US.” The findings are illuminating and very encouraging for those entering or already in the second or third chapters of life:  Continue reading “Is the innovation ecosystem wasted on the young? Why startups aren’t just for those starting out in life.”