ENTR 810 | Session 3 | Demographics and Future Trends in Innovation
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ENTR 810 | Session 3 | Demographics and Future Trends in Innovation
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ENTR 810 | Session 3 | Demographics and Future Trends in Innovation
Introduction
Join us as we explore the complex and often contradictory stories surrounding global demographic shifts. Are aging populations a "demographic time bomb" or do they bring "silver linings"? This episode examines the significant changes happening worldwide, from declining fertility rates and "youth scarcity" to the "inverting age structures" of societies. We'll analyze the financial, social, and environmental factors influencing these trends, as well as their wide-ranging impacts on economies, labor markets, and consumption. Additionally, we'll look into the innovative strategies governments and businesses need to adopt to adapt. We also discuss the unique challenges faced by "later wave" economies that must "get rich before they get old" and highlight insights from generational research that are shaping our workplaces and consumer habits.