| June 18, 2010 at 01:15 am
The current global competition is not between products/service or companies which produce them. It is neither between countries nor regions. The current global competition is between generating relevant, real and significant ideas that can bring about a better world.
In this competition many conceptualist individuals with brilliant ideas have come to our world. One best example is President Barak Obama. But ideas without pragmatism are nothing and here comes the prisoner-trader dilemma. The prisoner, one with commitment and resource capability but with less knowledge or view of the world, on the one hand and the trader, one with knowledge and good view of the world but with no commitment and resources, on the other looking each other idle. These two have to be combined together in order to bring significant improvement and change our world to a better world.
For example, those with knowledge and better view of the world have to go down to the bottom of the pyramid, the billion poor, to create a new market space. Helping and enabling the poor who have the commitment and resources with them (unexploited) means extracting very big hidden profit deposited underground which in cumulative effect can improve the life of man as a whole in our world.
Competition between ideas is good and one thing but being pragmatist combining the prisoner and the trader is another very important factor that peoples of the world and specially leaders of nations should follow and practice.