Back to news
AI Research
Aug 17, 2026

Eugene Fitzgerald discusses innovation in his new book and its implications for society

Aug 17, 2026
AI Summary

Eugene Fitzgerald, a professor at MIT, explores the complexities of innovation in his book, 'The Invisible Engine.' He emphasizes the need for a deeper understanding of how innovation occurs and how society can effectively invest in it, drawing from his extensive research experience and insights into the semiconductor industry.

Eugene Fitzgerald discusses innovation in his new book and its implications for society
  • Eugene Fitzgerald, a professor at MIT, authored 'The Invisible Engine: Why Innovation Evades Control,' addressing common misconceptions about innovation and its management.
  • The book is based on Fitzgerald's decade-long work in international research programs, such as the MIT Masdar Institute and the MIT-Singapore Alliance, focusing on the intersection of science, economics, and industry.
  • Fitzgerald defines the 'invisible engine' as a decentralized collective intelligence that leads to unexpected market successes, highlighting the role of entrepreneurs in navigating uncertainty.
  • He discusses his experience at AT&T Bell Laboratories, where he co-invented strained silicon, illustrating the importance of commercialization alongside scientific discovery.
  • Fitzgerald identifies three types of research investment: altruistic science, strategic research, and fundamental innovation, arguing that innovation is a process rather than just an idea.
  • The book targets multiple audiences, including innovators, researchers, corporate leaders, and policymakers, aiming to enhance understanding of effective investment in innovation.
  • Fitzgerald encourages policymakers to recognize the different streams of research investment and advocates for universities to foster environments that support collaborative innovation efforts.
innovationbreakthroughsvalue creationeugene fitzgeraldresearch