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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

THE WAVES
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Incremental Improvement

13 posts
Cottage industries remain small due to the fact that they have been failing to generate a flow of ideas in improving their products and reducing the cost
View Post
  • Good to Great
  • Incremental Improvement

Cottage Industries Remain Small—does it always?

Cottage industry refers to a small-scale, decentralized manufacturing business or firm. Often, they are operated out of a home rather than a purpose-built facility. In the preindustrial age, the cottage…
Scalability of ideas refer to adding intellectual assets to both products and processes for increasing willingness to pay and reducing cost for objects
View Post
  • Incremental Improvement
  • Innovation Diffusion

Scalability of Ideas—at the core of innovation successes

Systematically ferreting out value from great ideas has been a challenge. Often, the outcome is magical though. However, the scalability of ideas is at the core of nurturing ideas into…
Entering into idea economy demands careful selection of products which are amenable to progression through locally producible and implementable ideas
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  • Incremental Improvement

Entering into Idea Economy—household appliances route

Creating economic value out of ideas offers endless frontier for producing increasing wealth from depleting resources. However, most of the developing countries are not into it. In order to have…
Digital technology transformation has been changing its role from incremental innovation for playing an assistive role to creative destruction
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  • Incremental Improvement
  • Schumpeter's Creative Destruction

Digital Technology Transformation Changes from Incremental to Creative Destruction

Digital technology transformation has been changing its role from assistive to creative destruction. Hence, unlike the past, the innovation which will unfold around digital technologies will change from incremental advancement…
Questioning subtraction practice in innovation raises the demand for a unified theory of innovation for reducing confusion
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  • Design & Redesign Thinking
  • Good to Great
  • Incremental Improvement

Questioning Subtraction Practice in Innovation

Subtracting features for making products simpler does not appear to be a smart innovation practice. It runs the risk of failing to compete and sustain in the market. Hence, there…
Craftsmanship to Creative Wave of Destruction
View Post
  • Economics of Innovation
  • Good to Great
  • Growth Economics
  • Incremental Improvement
  • Innovation
  • Strategy
  • Strategy & Policy in retrospect
  • Technology

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…
Uprising of Japan’s Tinkerers to Innovators-- lesson to be drawn for entering into the idea economy
View Post
  • Incremental Improvement
  • Innovation
  • Innovation Culture
  • Strategy
  • Technology
  • Technology History

Uprising of Japan’s Tinkerers to Innovators– lesson to be drawn for entering into the idea economy

In Japan’s industrial economy, some of the names are common. They are Toshiba, Canon, Honda, and Panasonic. They are also global innovation icons. However, all of them began the journey…
Redesign for Ideas for Incremental Innovation
View Post
  • Externality
  • Incremental Improvement
  • Innovation
  • Innovation Economics
  • Technology

Redesign Ideas for Incremental Innovation

The competitive market demands continuous quality enhancement and cost reduction. On the other hand, we have to pay more for labor, natural resources, and other inputs. Furthermore, a negative effect…
Incremental Approach for Sustaining Innovation
View Post
  • Incremental Improvement
  • Innovation
  • Innovation Diffusion

Incremental Approach for Sustaining Innovation

Irrespective of the greatness of the idea, willingness to pay of innovation–in a competitive market–keeps drifting downward. To counter it, innovators need to keep releasing succeeding better versions. Hence, incremental…
Invention and Evolution of Microwave Oven—accidental observation has led to must-have household item
View Post
  • Economics of Innovation
  • Incremental Improvement
  • Innovation Culture
  • Innovation Diffusion
  • Innovation History

Invention and Evolution of Microwave Oven—accidental observation has led to must-have household item

In our kitchens, a microwave oven is an indispensable appliance. It has become an integral part of our lifestyle. The convenience and affordability make the diffusion of microwave oven unstoppable.…
Frugal innovations get stunted—why don’t they keep growing?
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  • Disruptive Innovation
  • Incremental Improvement
  • Innovation Culture
  • Innovation History
  • Technology & Innovation Policy

Frugal innovations get stunted—why don’t they keep growing?

Every community, region, and country benefits from creative outbursts. To serve purposes better, creative minds come up with ideas of products, often by integrating available technologies more appropriately. There are…
Storage Evolution Powering Computer Innovation—unfolding waves of creative destruction
View Post
  • Disruptive Innovation
  • Incremental Improvement
  • Innovation History
  • Patents & Publications
  • Schumpeter's Creative Destruction

Storage Evolution Powering Computer Innovation—unfolding waves of creative destruction

Like many other significant innovations, the computer also started the journey in primitive form. The advancement of major building blocks has been driving the evolution from a roomful of machines…

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