Explore the components necessary to foster a global culture of biomedical innovation in this thought-provoking panel discussion. Delve into key questions surrounding innovation in the biomedical field, including identifying the most suitable players to push boundaries worldwide, determining how to measure success, and evaluating metrics for assessing progress. Learn from expert speakers representing diverse perspectives from academia, government, and industry as they discuss topics such as embracing failure, eliminating hierarchy, promoting transparency, and encouraging diversity of thought. Gain insights into the challenges and opportunities in creating an innovative biomedical ecosystem, including the role of patents, incentives, and performance measurement. Examine the intersection of innovation, culture, and ethics in the context of advancing global health and medical breakthroughs.