Acouple of weeks ago, I attended The Times CEO Growth Summit in Glasgow. One of the sessions posed the question: “Given that Scotland is a contender on the world stage, what more can we do to drive inclusive growth and innovation?”
While there was broad consensus on the panel, one issue was hotly debated. On one hand, there was a view that there were too many new ideas being developed by start-ups and that they should be encouraged to fail quickly so that winners could be picked at an early stage and investment concentrated on them. On the other, there was a concern that such an approach results in selecting what appears to be cool at first sight, rather than what would make the…
