Examines efforts to align capital to education innovation and calls for clarity and agreement on problems, goals, and metrics; an effective R&D system; an evidence-based culture of continuous improvement; and transparent, comparable, and useful data.
- Observation: Innovation is a cycle of continuous learning and improvement that allows ideas to feed off each other and multiply.
- Observation: Three trends hold great promise for fueling education innovation: 1) the rise of social entrepreneurs; 2) a corresponding increase in social purpose investing; and 3) intentional market-steering by the government to harness the private sector in social purpose activities.
- Observation: The current public education ecosystem lacks many of the components necessary to support innovation: 1) clarity and agreement on the problems, goals, and metrics for success; 2) an effective research and development system; 3) a culture that is evidence-based, with incentives and infrastructure aligned for continuous improvement; 4) data that are transparent, available, comparable, and useful; and 5) robust, diverse, and aligned investment capital.
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- Copyright 2011 Bellwether Education Partners.
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