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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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      • Sustaining
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      • Porter’s Five Forces
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      • R&D facility
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Megatrends

109 posts
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
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  • 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…
unified theory of innovation and transformation
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  • Disruptive Innovation
  • Entrepreneurs & Innovators
  • Schumpeter's Creative Destruction

Unified Theory of Innovation and Transformation

Innovation is at the core of the Market Economy for offering us continued prosperity. Waves of Innovation transform products, jobs, skills, firms, industries, countries, and our way of Getting jobs…
Innovation Economics in Market Economy
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  • Disruptive Innovation
  • Economics of Innovation
  • Economics of Technology
  • Growth Economics
  • Innovation Economics
  • Schumpeter's Creative Destruction
  • Technology & Innovation Policy
  • Uncategorized

Principles of 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…
Engineering Management in Innovation Era
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  • Disruptive Innovation
  • Economics of Innovation
  • Economics of Technology
  • Investments
  • R&D Management
  • Schumpeter's Creative Destruction
  • Strategy
  • Technology & Innovation Policy
  • Technology Development
  • Technology Managment
  • Uncategorized

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…
Autonomous Vehicles in Death Valley!
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  • AI & Data Analytics
  • Human Role in Work
  • Robotics

Autonomous Vehicles in Death Valley!

Mainstem media, including The Economist, ran dozens of articles spreading the news that “Autonomous vehicles are just around the corner.” Furthermore, even Think Tanks and academic publications were echoing the…
Knowledge and Skills in Robot Era—are we misinterpreting or misleading?
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  • Future of Work
  • Human Role in Work
  • Industrial Revolutions
  • Robotics

Knowledge and Skills in Robot Era—are we misinterpreting or misleading?

There are calls from many forums starting from World Economic Forum to Think Tanks and research centers for uplifting education and skill for responding to the robots. We hear loud…
Technology Policy for Idea Economy fuels increasing prosperity through creative destruction
View Post
  • Entrepreneurs & Innovators
  • Growth Economics
  • Schumpeter's Creative Destruction
  • Technology & Innovation Policy

Technology Policy for Idea Economy Fuels Increasing Prosperity through Creative Destruction

Schumpeter observed Creative Destruction is at the core of the Market Economy to offer us an increasingly better-quality life. Waves of technological Innovation are emerging one after another, offering us…
Flash Memory as Disruptive Innovation
View Post
  • Disruptive Innovation
  • Innovation History
  • Schumpeter's Creative Destruction

Flash Memory as Disruptive Innovation

The pen drive is very handy for storing data. Many of us have several of them. A 250 GB flash drive costs as little as $20. However, the uprising of…
Storage Evolution Powering Computer Innovation—unfolding waves of creative destruction
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  • 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…
Artificially Intelligent Robots with the ability of sensing, perceiving, learning and decision making capability have been expanding the scope of applications in diverse areas starting from having fun to addressing economic competitiveness and fighting wars.
View Post
  • Automation
  • Future of Work
  • Human Role in Work
  • Industrial Revolutions

Artificially Intelligent Robots–stretching human-machine frontier

Artificially intelligent robots have human-like sensing, perceiving, learning, and decision-making abilities, and they are able to deal with variations. They are no longer known for dull, dirty, and dangerous jobs.…

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