Innovation in a Recession

Here is a positive spin on our current landscape from an innovation perspective.

http://www.psfk.com/2009/04/video-joi-ito-on-innovation-during-a-recession.html

There are many aspects of this perspective that are accurate however the reduction in available funds for current initiatives that are losing money is a very real threat. While the strong ideas should survive and emerge even stronger for it - it is going to be very hard for many organizations and initiatives to survive to the end of the year without major restructuring.