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Change of technology cores of existing products with emerging ones creates new waves of innovation. However, often, these new waves of innovation originate in primitive forms, subsequently, posing a daunting…

This machine has a human-like appearance. It’s an inherent urge of human beings to design and build human-like machines. Notable ones are Japanese tea serving dolls, Eric, ASIMO, and recent…

The Transistor is a tiny solid-state device, which works as both an electronic switch and an amplifier. The fundamental building block of computers and all other electronic products, like the…

Prof. Paul Romer used objects and ideas concept. In economic value creation, objects refer to natural resources, labor, and other ingredients, which are mixed with ideas. By improving ideas, we…

Often, new entrants take a radical step to offer better substitution to existing, mature products. They change the technology core. However, substitutions around the new technology core, invariably, emerge as…

It combines traits of passion for perfection with empathy, craftsmanship, winning, and the endurance of pursuing a relentless journey for making progress in offering more suitable products to get jobs…

Getting jobs done is the primary reason for which people buy or recruit products. Every day, we need to get numerous jobs done, starting from washing cloth to going to…

Sustained growth refers to having growth of living standards, per capita income or GDP over a prolonged period, preferably for never-ending time. How to offer such growth to a growing…

Getting jobs done is the primary reason for which people buy or recruit products. Every day, we need to get numerous jobs done, starting from washing cloth to going to…

This is a concept of fusing multiple technologies for creating new possibilities of innovation. For example, the fusion of AR, VR, IoT, Computer vision, and other technologies has created Digital…

In technology innovation discourse, often, we use the term breakthrough. It may refer to a significant jump in performance improvement of existing technology, or the invention of new technology. For…

Opportunity cost is the forgone benefit that would have been derived by an option not chosen. In the idea economy, it is a vital factor, often, causing devastation. A company…