Department of Management


Date of this Version



Journal of Innovation & Knowledge 3 (2018) 1–8


This is an open access article under the CC BY-NC-ND license


tToday, we live in a dynamic and turbulent global community. The wave of mega-trends, including rapidchange in globalization and technological advances, is creating new market forces. For any organizationto survive and prosper in such an environment, innovation is imperative. However, innovation is nolonger just for creating value to benefit individuals, organizations, or societies. The ultimate purpose ofinnovation should be much more far reaching, helping create a smart future where people can enjoy thebest quality of life possible. Thus, innovation must search for intelligent solutions to tackle major socialills, seek more proactive approaches to predict the uncertain future, and pursue strategies to removebarriers to the smart future. This study explores the detailed requirements of a smart future, includingboth hardware types and soft social/cultural components.