Introduction

What is an idea? And what do we mean by today? Those were the two questions that faced the six judges who chose the top 50 ideas that shaped business today, after combing through many suggestions from readers and Financial Times journalists.

The judges quickly decided on a generous interpretation of the word “idea”. We would go for inventions, innovations, social movements and legal and financial instruments – anything that helped make business what it is.

“Today” was more complex. Clearly, there were many inventions that have shaped not just modern business but modern life: electricity, telephones, multi-storey buildings. How far back should we go in deciding what counted as an idea that shaped business today?

As the chair of the ...

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