Economics of Innovation Archives

Strategic areas of ideas for reinnovation offers the opportunity for systematic idea generation and extraction of value from the evolution of innovation

Strategic Areas of Ideas for Reinnovation—the underpinning of the evolution of innovation

More or less, all major industrial products, whether hardware or software, have been evolving. Are random or free flow of ideas have been supporting this evolution. Or, are there strategic…

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Innovators Succeed from Ideas of Others

Profiting from ideas has been a great challenge. On the one hand, great ideas start the journey at loss. On the other hand, Apple and many others are showing magical…

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Systematically Generating Innovative Ideas

Despite the immense importance, innovation productivity has been a growing concern. Firms need to have higher productivity, and also predictability in innovation performance–making products better and also cheaper. The challenge…

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Technology Innovations in Kondratiev Waves

The casualty of technology innovations in Kondratiev waves offers us valuable insights for prediction and investment decision making. However, so far the needed cause and effect does not appear to…

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Creative Destruction of Automobile Invention

After a century-long tinkering of different technology cores, internal combustion engine (ICE) based creative destruction of automobile invention emerged at the fag end of the 19th century. This wave of…

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Evolution of Smartphone as Disruptive Innovation

The evolution of cell phones to software-centric smartphones has changed the economies of production and competition. The leveraging of economies of scale, scope, and externality effect has powered the evolution…

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Invention and Monopolization of Word Processing

Word Processing has a root in the invention of technology, in the 18th century, for producing the impression of typed characters. It led to the innovation of typewriters. Over a…

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Passion and Knowledge for Scarcity of Ideas

Ideas are easy to produce. Brainstorming of what we can do even out of a teaspoon generates 10s of ideas. But only a couple of them serves a meaningful purpose.…

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Craftsmanship to Creative Wave of Destruction—a strategy for profiting from ideas

The world is now divided into two halves-object and ideas suppliers. Ideas are getting far more powerful than objects, like natural resources and labor, for creating new wealth. Object suppliers…

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Scarcity of Ideas Impeding Innovation

Ideas are at the core of innovation. We use ideas to add features and improve existing ones of products to get our job done better. Besides, once we succeed in…

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Innovation Economics in Market Economy

As opposed to labor and natural resources, innovative ideas dominate wealth creation. Starting from the idea of the automobile to the idea of storing data on semiconductors, there are numerous…

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Engineering Management in Innovation Era

Engineering management has many connotations, and they have been evolving. Let’s have an acceptable definition, to begin with. Engineering management in the innovation era involves the ability to i. interpret…

Economics of Innovation

Strategic Areas of Ideas for Reinnovation—the underpinning of the evolution of innovation

Innovators Succeed from Ideas of Others

Systematically Generating Innovative Ideas

Technology Innovations in Kondratiev Waves

Creative Destruction of Automobile Invention

Evolution of Smartphone as Disruptive Innovation

Invention and Monopolization of Word Processing

Passion and Knowledge for Scarcity of Ideas

Craftsmanship to Creative Wave of Destruction—a strategy for profiting from ideas

Scarcity of Ideas Impeding Innovation

Innovation Economics in Market Economy

Engineering Management in Innovation Era

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