Great by Choice Archives

Growth Arithmetic vs. Structural Reality: Rethinking the “India Is the New China” Narrative

India as the Next China: Why it Remains a Misleading Narrative

Abstract: In recent years, several global media outlets have argued that India is well-positioned to become the “next China,” driven by its rapid GDP growth, large population, and rising global…

Why Time-Based Growth Failed India and Idea-Based Growth Lifted China

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From Selling Time to Selling Ideas: Why China Overtook India in Prosperity

Abstract In the early 1980s, India and China were similarly poor, with India enjoying a modest per capita income advantage. Both countries opened their economies to the Western-led global system,…

Productivity Paradox signals reinvention underway, demanding capability- and science-focused policy rather than data-driven growth management

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Productivity Paradox Is a Reinvention Signal: How Data-Centric Economics Undermines Long-Wave Prosperity

Abstract The productivity paradox—first identified during the information technology revolution—has re-emerged with electric vehicles and artificial intelligence, puzzling economists and policymakers alike. This article argues that the paradox is not…

Nations rise and fall due to migration of prosperity because of leadership in taking advantage of industrial dynamics caused by reinvention of major products and processes

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How Nations Rise and Fall: Lessons from Britain, America, and China

The US faces challenges from countries like China in the Fourth Industrial Revolution—particularly in artificial intelligence, renewable energy, and electric vehicles—and concerns about its historical technological supremacy are growing. We…

Catching the next wave is a must for Bangladesh to migrate from declining industrial economy to be innovation led industrial powerhouse

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Catching the Next Wave: Product Evolution, Industrial Reinvention, and the Future of Bangladesh’s Industrial Economy

Abstract Bangladesh’s industrial growth strategy, rooted in importing mature technologies and relying on labor-centric value addition, has reached a point of structural decline. Drawing on the theory of product evolution,…

Dark side of innovation underscores wealth creation amid loss and chaos

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Dark Side of Innovation: Navigating the Painful Path to Prosperity

Innovation drives economic growth, prosperity, and improved living standards in market economies. It fuels advances in technology, revolutionizes industries, and solves pressing societal problems. However, this transformative process is far…

For avoiding the fall of innovation leaders, 10 choices to be made for recreation through self-destruction.

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Avoiding the Fall of Innovation Leaders–10 choices to remain great

Human beings’ endless tendency to get jobs done better at less cost through inventing and reinventing has been the underlying cause of the rise of new entrants and the fall…

Jobs to be done better framework begins with observation on how customers perform their jobs with empathy and passion for perfection to profitable leverage technology possibilities in offering better alternative

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Jobs to be done–driving quality of living and prosperity

As Professor Clayton says, “Somewhere between 75 and 85 percent of all new products launched into the market don’t succeed financially” because innovators lack focus on the customer’s necessity of…

Great by Choice

Great by Choice

India as the Next China: Why it Remains a Misleading Narrative

From Selling Time to Selling Ideas: Why China Overtook India in Prosperity

Productivity Paradox Is a Reinvention Signal: How Data-Centric Economics Undermines Long-Wave Prosperity

How Nations Rise and Fall: Lessons from Britain, America, and China

Catching the Next Wave: Product Evolution, Industrial Reinvention, and the Future of Bangladesh’s Industrial Economy

Dark Side of Innovation: Navigating the Painful Path to Prosperity

Avoiding the Fall of Innovation Leaders–10 choices to remain great

Jobs to be done–driving quality of living and prosperity

Great by Choice Begins with a Loss-making Alternative!

Automobile Reinvention—China’s adventure to graduate from idea importer to exporter

Indians do not innovate—what does it mean?

Failure of Russia in Innovation Economy—a lesson for state intervention

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