Archives: Tooltips

Most of the physical machines need human operators in the loop to get the job done. Once human-like sensing, perceiving, reasoning, and action-taking capabilities are added to physical machines, they…

It is called profit. This is the difference between the cost of production and the price is charged to customers. The surplus (the difference between cost and perceived value) created…

It is the difference between the perceived value of a product and the actual price paid by the customers. However, the perceived value of the same product varies among customers,…

There are many connotations of Wealth. However, we need a workable definition to relate it to technology Innovation. It’s the measure of perceived value or Utility created by ideas, estimated…

Venture capital (VC) fund is a source of risk capital. Invariably, inventions as well innovations emerge in embryonic form, generating no or loss-making revenue. However, entrepreneurs need money, and also…

S-curve in the technology Innovation space refers to the growth dynamics of technology and innovation. Both technologies and innovations around them begin the journey in the embryonic form. At the…

Human beings are after ideas for getting their job done better, by consuming fewer resources. The Market Economy focuses on capitalizing this inherent characteristic, known as praxis, for offering increasing…

Blue ocean opportunity refers to offering profitable value without facing competition. The journey in creating such an opportunity, often, begins by changing the technology core. Ironically, adopting emerging technology leads…

This is about the price-setting capability for making a profit, while compelling competitors to take lower price and incur a loss. As Innovation offers the opportunity of increasing quality and…

Startups are young firms engaged in a journey of pursuing ideas for fuelling Creative waves of destruction. These ideas are for offering better substitutions to existing products or offering completely…

These are well developed physical facilities. Particularly, developing countries have been constructing these facilities for hosting multinational High-tech firms. They often offer attractive tax and other incentives to allure foreign…

This is a place in California. It is famous for creating economic value out of ideas of processing Silicon for producing increasingly better quality Transistors at decreasing cost. Due to…