Editor's Pick Archives - Page 2 of 19

For evolving innovations, design thinking should leverage modular designs, software updates, third-party plugins, and reconfigurable hardware options

Evolving Innovation: Enhancing Products to Meet Unfolding Consumer Needs

In a recent Harvard Business Review Article, Vijay Govindarajan, Tojin T. Eapen, and Daniel J. Finkenstadt challenge design thinking—”Design Products That Won’t Become Obsolete.” As technology advances, consumer expectations evolve with a…

Return from smartphone evolution tends to experience diminishing trend poses innovation challenges

View Post

Return from Smartphone Evolution—avoiding diminishing trend!

Avoiding diminishing trend of return from smartphone evolution is a key Innovation challenge. The evolution of smartphones, especially the iPhone, has showcased how continuous advancements in technology can elevate the…

Inferior to creative destruction demands sustained incremental advancement of reinventions to cross the threshold and go beyond as a long wave.

View Post

Inferior to Creative Destruction: The Journey of Innovations Through Reinvention Waves

Innovation often emerges as a response to unmet needs or a desire to improve existing technologies. However, the path to wide-scale adoption and profitability is far from straightforward. Historically, significant…

Evolution of lighting innovation as creative waves of destruction is a typical pattern of growing wealth creation from science and technology--making scarcity irrelevant and prosperity transient

View Post

Evolution of Lighting Innovation: Unfolding Creative Waves of Destruction

Lighting has been central to human progress, transforming how we live, work, and interact. The evolution of lighting Innovation—from primitive firewood burning to modern-day LEDs—demonstrates a fascinating journey characterized by…

Health wearables innovation has been driven by jobs to be done and unfolding technology possibilities

View Post

Health Wearables Innovation: Jobs to be done and technology possibilities drive

The evolution of health wearables Innovation is transforming the healthcare landscape, enabling more personalized and preventative care than ever before. Consequentially, according to some estimates, the health wearables market is expected…

Wealth creation and destruction cycle, due to long reinvention waves, must be detected and leveraged for accumulating and sustaining wealth.

View Post

Wealth Creation and Destruction Cycles: How Reinvention Waves Shape Capitalist Economies

The statement “Wealth Creation and Destruction Cycles: How Reinvention Waves Shape Capitalist Economies” reflects a dynamic process in capitalist economies where Innovation and reinvention lead to both the creation and…

Engineering economics and management is to turn the scarcity of resources into abundance of wealth through inventing and scaling technology possibilities

View Post

Engineering Economics and Management: Transform Scarcity into Abundant Wealth through Innovation

Transforming scarcity into abundant Wealth has become a crucial need for offering growing fellow human beings an increasingly better living standard—while causing less environmental harm. Fortunately, in today’s rapidly evolving…

Tech-driven profit cycle must be managed to grow and sustain profit by offering higher quality at less cost--by leveraging technology possibilities.

View Post

Tech-Driven Profit Cycle: Better Products, Lower Costs, and Market Expansion

In a constantly evolving marketplace, consumer demand for improved, cost-effective products has become a pivotal driver of Innovation. This reality aligns with Clayton Christensen’s “jobs-to-be-done” theory, which asserts that consumers…

Rise of automobile revolution from a humble beginning offers lesson about the role of evolution in success of innovation and the migration of their epicentres.

View Post

Automobile Revolution: Tracing Evolution from Carl Benz to Modern Electric Vehicles

The automobile has become a fundamental part of modern life, emerging from a modest invention to one of the world’s most disruptive innovations. From Carl Benz’s rudimentary Motorwagen—which looked more…

Wealth of a nation is transient due to creative wave of destruction

View Post

Wealth of a Nation and Creative Destruction: How Global Idea Flow Makes Prosperity Transient

In the constantly evolving landscape of the global economy, a nation’s Wealth is transitory. Wealth creation is no longer simply a product of natural resources, capital, or labor but is…

As great inventions are fraught with uncertainties, how to transfer latent potential of invention into profitable business demands knowing wealth creation dynamics out of technology possibilities.

View Post

Great Inventions Alone Aren’t Enough for Financial Success: Lessons from Shockley, Edison, and the Entrepreneurial Journey

The narrative of groundbreaking inventors such as William Shockley and Thomas Edison reveals a paradox: inventing revolutionary products like the Transistor and gramophone and taking entrepreneurial steps by the inventors…

STEM graduates suffer from natural tendency of unemployment, which could be turned into exponential prosperity through the insights about how econimic value is created from technology possibilities.

View Post

Exponential Impact of STEM Graduates on Economic Prosperity: Insights from High-Tech Success Stories

Based on the STEM indicators data of a few advanced countries, there has been a belief about a strong correlation between STEM graduates and economic prosperity. Hence, less developed countries…

Editor’s Pick

Evolving Innovation: Enhancing Products to Meet Unfolding Consumer Needs

Return from Smartphone Evolution—avoiding diminishing trend!

Inferior to Creative Destruction: The Journey of Innovations Through Reinvention Waves

Evolution of Lighting Innovation: Unfolding Creative Waves of Destruction

Health Wearables Innovation: Jobs to be done and technology possibilities drive

Wealth Creation and Destruction Cycles: How Reinvention Waves Shape Capitalist Economies

Engineering Economics and Management: Transform Scarcity into Abundant Wealth through Innovation

Tech-Driven Profit Cycle: Better Products, Lower Costs, and Market Expansion

Automobile Revolution: Tracing Evolution from Carl Benz to Modern Electric Vehicles

Wealth of a Nation and Creative Destruction: How Global Idea Flow Makes Prosperity Transient

Great Inventions Alone Aren’t Enough for Financial Success: Lessons from Shockley, Edison, and the Entrepreneurial Journey

Exponential Impact of STEM Graduates on Economic Prosperity: Insights from High-Tech Success Stories

Principles

History & Observations

About Us