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THE WAVES In-depth investigation on Technology, Society, and Policy dynamics for interpreting the past as well as present, and predicting the future so that success rate of pursuing ideas, start-ups, and innovation economy increases.

Technology, Society and Policy

Winning and Losing in Reinvention Race : keeps unfolding: --making America’s innovation bucket leaky, creating prosperity out of reinvention, and turning invention successes transitory
THE WAVES
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      • Computing
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    • Automation
  • Strategy
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      • Process
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      • Business Model
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      • Externality
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      • Disruptive Innovation
      • Incremented Innovation
      • Sustaining
      • Schumpeter’s Creative Destruction
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      • Leading
      • Following
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Education & Research

104 posts
Focus on creating increasing value from natural resources, labor and knowledge, and creating idea economy for escaping middle income trap
View Post
  • Editor's Pick
  • Growth Economics
  • Strategy

Middle Income Trap–how to escape?

Intelligent opening of idea economy in leveraging natural resources, labor and knowledge offers middle trap escaping option.
Idea Economy offers endless frontier of wealth creation, but it demands creating a flow of ideas and succeeding in global competition
View Post
  • Economics of Innovation
  • Idea & IP

Idea Economy–making prosperity endless and transitory

Over the last 20 centuries, the population, per capita GDP, and average life expectancy have been growing simultaneously. How to explain such an apparent contradiction is a matter of concern.…
  • Economics of Innovation
  • Patents & Ideas for Redesign

Lead User Innovations — how to make them successful?

Yes, many Innovation success stories emerged as lead user innovations. But they were primitive and costly, and they created appeal only to a few customers. For example, before becoming suitable…
  • Competition
  • Economics of Innovation

Winner takes all market–innovation race ends up

Winner takes all market is an unfolding reality. Apple, ASML, TSMC, Toshiba, Nichia, Amazon, Sony, Ikea, and many others have disproportionate shares in their preferred markets. For example, TSMC has…
For leveraging Triple Helix model, we need to direct collaboration between the Government, Industry and Universities along the pathway of the evolution of targeted products and processes.
View Post
  • Industry
  • Public-funded Research
  • University

Triple Helix – addressing directional failure

Triple Helix refers to cooperation between the universities, industry, and Government for economic and social growth. Such collaboration between these three building blocks of a national Innovation system is evident…
ASML monopoly in semiconductor has been due its superior performance in sustaining innovation through the exploitation of optics with precision engineering
View Post
  • Economics of Innovation
  • Good to Great

ASML Monopoly in Semiconductor — where is magic?

How small the Transistor size, whether 5nm or 3nm, has been defining the success of silicon Innovation–fueling chip war. Where is the epicenter of $600 billion semiconductor innovation? It’s neither…
Netflix disruptive innovation is the outcome of Netflix's desperate move of unfolding radical innovation by destroying its DVD mailing service and switching failure of once dominant video rental players like Blockbuster
View Post
  • Case Studies
  • Disruptive Innovation

Netflix Disruptive Innovation – renting to streaming

Netflix Disruptive innovation is a textbook example of the rise of a startup and the fall of a giant due to technology discontinuity. The underlying reason has been the discontinuities…
Due to cost saving and ease of evolution from reuse of common assets among family members, innovators should leverage economies of scope as part of core strategy
View Post
  • Economics of Innovation
  • Strategy

Economies of Scope – innovation strategy from commonality

At the core of Apple’s magical success is the Economies of Scope. To leverage it, Apple has been using the same software technology core in all its products, starting from…
Network externality effect is a blessing and curse for the innovation diffusion--demanding smart strategy to leverage it.
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  • Economics of Innovation
  • Editor's Pick
  • Strategy & Policy in retrospect

Network Externality – affecting innovation diffusion race

The network Externality Effect has been at the core of the success of Facebook, Google search engine, and many others. On the other hand, it has been a seemingly insurmountable…
Quality improvement and cost reduction due to ideas from technology possibilities lead to technological economies of scale advantage
View Post
  • Economics of Innovation
  • Startups
  • Strategy

Technological Economies of Scale – fuel startup success

Apple, Microsoft, Intel, and many other technology companies invest billions in developing new products and releasing the subsequent versions. But they charge only a tiny fraction of that R&D cost…
Car evolution out of incremental innovation has been diffusing this innovation deeper in society, creating successes and failures
View Post
  • Economics of Innovation
  • Innovation History
  • Strategy

Car Evolution – competititive race in incremental innovation

Innovation is a synonym to Eureka with a big spark in a light bulb. But the car evolution offers us a different lesson. Unlike a big bang, Carl Benz’s automobile…
LED light bulb invention offers valuable lesson from the rise of Nichia and fall of GE--understanding the dynamics and decision matter to create economic value from ideas and human capital
View Post
  • Disruptive Innovation
  • Growth Economics

LED light bulb invention – Nichia rises due to GE’s decision failure

Why does the LED light bulb invention make Nichia a success and GE failure? For almost 100 years, Edison’s company General Electric (GE) was the global leader in the ever-growing…

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