COPYRIGHTED MATERIAL
The Big Picture It’s all about innovation. When a society stops being innovative, commerce and the economy slow, jobs are lost, businesses close, and people suffer. Innovators improve on or make significant contributions to an existing product or service which creates value in the product or service. They are well-educated, insightful, and persistent team players who have a passion for, and a strong belief in their mission. A good education and the ability to think associatively are traits of an innovator. Being 21st century financially literate means understanding and appreciating the value of innovation and innovative thinking to growth and prosperity. Let’s Practice! Select from the following practice activities: Let's Practice: Do You Have What It Takes to Innovate? (Complete in class and compare scores.) Let's Practice: Your Life in R&D Exploring 21st Century Skills and Issues: How to Develop Associational Thinking Skills Ponder and Predict Americans are very innovative. In fact, most of the innovations that drove 20th century commerce originated in the U.S. with companies like IBM, Westinghouse, and General Electric leading the way. As the tech industry grows and commerce expands globally, the U.S. remains a top innovator. However, according to Bloomberg, a popular business and financial analysis site, two countries now outrank the U.S. in innovation. Which ones? Write your predictions here and in the next lesson, find out if you are correct! Assign • Blog, debate, discuss: Of all the traits of an innovator, which do you think is the most important and why? PRODUCT PREVIEW
SLIDE 9K
SLIDE 9L
• To prepare for the next lesson: read Chapter 10 in the student workbook. • Watch business or financial news at least 15 minutes per day: Bloomberg West (www.bloomberg.com/video/bloomberg-west)
The Street Business News (www.thestreet.com) Reuters (www.reuters.com/video/technology) • Each week compare and contrast tweets from students' selected financial journalists. Compare journalists' opinions about events and stories.
Lesson 9 | The Trait to Innovate 160
Made with FlippingBook flipbook maker