This summary provides an overview of the accompanying talk on next generation innovation by Vishy Poosala, Head of Bell Labs India. The slides discuss how innovation is moving from individual labs and garages to involving crowds around the world. Innovation processes are shifting from end-to-end internal efforts to leveraging open platforms like the World Wide Web. Innovation is driven by brainstorming, collaboration platforms like Wikipedia, and periods of stillness and reflection. The talk also examines how cost, utility, sustainability, and questioning assumptions will shape innovation, and how knowledge rather than just information and personalized experiences will be areas of focus.