You have to ask yourself the question, do you have the smartest people in the world working for your company? And if you do, you're lucky. But if you don't, put up the incentive. And have someone who is absolutely brilliant who's a 22-year old in India who says what about this way? And who revolutionizes the way you do business.

Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.

Go and try to start your own government in the United States today and you'll be squashed very quickly.

You've got to choose your horse ahead of time. So, if you're interested in water technology, energy technology, you get to choose between the three or four companies that you have insight into. And you have to make a bet on them before they prove anything out.

Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.

The quality of your life is a function of who you go through life with.

Many have built their careers buttressing the status quo, reinforcing what theyve already accomplished, and resisting the radical thinking that can topple their legacy - not exactly the attitude you want when trying to drive innovation forward.