Learn why the common phrase "Innovation Ecosystem" leads to some useful insights about the funding of research and development.  Spoiler alert: it's not the best description of what's usually going on.

Dive further into understanding the J-Curve and why it is so vitally important to remember that innovation includes commercialisation.  Also we talk about risk and a reminder that we should be overjoyed to discover we are not the first to do something - a bruised ego is a small price for avoiding a pile of risk.