Randy Burgh: Insights from Economic Development and Complexity Economics

This episode explores the economic development potential of technology developed in New Mexico, focusing on industry-based research and the collaboration between companies, universities, and government labs. It delves into the evolution of technology, highlighting key insights from Dr. Brown of the Santa Fe Institute, whose work integrates the concepts of evolutionary technology and complexity economics, particularly through agent-based modeling and combinatorial science.

00:00 Introduction to Economic Development in New Mexico
00:09 The Triple Helix Model: Industry, Universities, and Government
00:40 Shout Out to Dr. Brown and His Contributions
00:54 Complexity Economics and Technology Evolution
01:12 Understanding Combinatorial Science