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17 Uncertainty as Certaint

  • Tom Petzinger
Section IIID Fundamental Uncertainty in Business and Business Decision Making
Part of the Understanding Complex Systems book series (UCS)

Abstract

I am trying to make money in the biotech industry from complexity science. And I am doing it with inspiration that I picked up on the edge of Appalachia spending time with June Holley and ACEnet when I was a Wall Street Journal reporter. I took some of those ideas to Pittsburgh, in biotechnology, in a completely private setting with an economic development focus, but also with a mission t o return profit to private capital. And we are doing that. I submit as a hypothesis, something we are figuring out in the post- industrial era, that business evolves. It is not the definition of business, but business critically involves the design of systems in which uncertainty is treated as a certainty. That is what I have seen and what I have tried to put into practice.

Keywords

Cash Flow Private Capital Fire Department Private Setting Complexity Science 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Authors and Affiliations

  • Tom Petzinger
    • 1
  1. 1.LaunchCyte LLC., A Bio-Informatics Network 

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