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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
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Megatrends

109 posts
Invention and Evolution of Light Bulb—more than a spark in the mind of a genius
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  • Disruptive Innovation
  • Editor's Pick
  • Incremental Improvement
  • Innovation History
  • Schumpeter's Creative Destruction

Invention and Evolution of Light Bulb—more than a spark in the mind of a genius

The light bulb is a metaphor for invention and Innovation. Often, we think that a creative spark in the mind of genius leads to a great invention, leading to innovations…
Technologies for sustainable development demand suitable science and technology policy for both increasing the supply and creating the demand of leveraging technology for producing more with less.
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  • Schumpeter's Creative Destruction
  • Sustainable Development
  • Technology & Innovation Policy
  • Technology Development

Technologies for Sustainable Development—does science and technology policy matter?

On the one hand, our natural stock of resources has been depleting. In addition to it, we are reaching the limit of air, water, and soil to absorb and recycle…
Christensen’s Disruptive Innovation and Technology
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  • Disruptive Innovation
  • Schumpeter's Creative Destruction

Christensen’s Disruptive Innovation and Technology

Prof. Clayton Christensen had a curiosity to get to know why high-performing, well-managed technology firms fail. Of course, firms will be on a declining path if they keep facing poor…
Incremental innovation vs disruptive innovation
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  • Competition & Monopoly
  • Disruptive Innovation
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Incremental Innovation vs Disruptive Innovation

Every day we use numerous products. We observe that some products are continuously improving. On the other hand, we also observe that a different type of product is replacing some…
Unfolding fourth industrial revolution
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  • Disruptive Innovation
  • Editor's Pick
  • Future of Work
  • Industrial Revolutions
  • Robotics
  • Schumpeter's Creative Destruction

Unfolding Fourth Industrial Revolution—waves of creative destructions

Prof. Klaus Martin Schwab has done an excellent job. He has made the “fourth industrial revolution” phrase quite known. From the media personalities to political leaders, everybody has become quite…
Completion rate on eLearning platforms—alarming!
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  • Education
  • Education & Research
  • Megatrends
  • Opinion
  • Technology & Innovation Policy

Completion rate on eLearning platforms—alarming!

A recent surge of online education is raising several key questions. Are we in the new era of education? Is the delivery of lectures through video conferencing software over the…
Steve Jobs creation through creative destruction, distilling from sustained logical thinking of reinventing user experiences by leveraging technology possibilities, led to showing magical innovation performance.
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  • Disruptive Innovation
  • Schumpeter's Creative Destruction
  • Strategy

Steve Jobs Creation–magical or logical?

Steve jobs creation impresses all of us. Often, we show an addictive association with his creation–Mac, iPod, iPhone, and iPad. He used this magical power to create the Apple Computer…
Electric vehicle disruption wave indicates that Tesla's disruptive innovation strategy out of borrowed technology will likely fail to unleash destruction to incumbent automakers.
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  • Disruptive Innovation
  • Editor's Pick
  • Future of Work
  • Opinion
  • Schumpeter's Creative Destruction
  • Technology Development

Electric Vehicle Disruption–will Tesla be disruptor?

Electric vehicle disruption force has been gaining traction day by day. The global electric vehicle stock passed 5 million passenger cars in 2018, and the growth continued to 10 million…
Smartphone’s Evolution as Creative Destruction
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  • Disruptive Innovation
  • Entrepreneurs & Innovators
  • Innovation History
  • Schumpeter's Creative Destruction
  • Technology Managment

Smartphones’ Evolution as Creative Destruction

Smartphone has proven their smartness by causing destruction through the profit-making competition of creative ideas. It has established its dominant position through a trail of Creative Destruction. Hence, Prof. Schumpeter…
Optimum design decision for cost effective usages of technology is not a sufficient agenda for engineering economics and management for innovation economy.
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  • Economics of Innovation
  • Economics of Technology
  • Editor's Pick
  • Entrepreneurs & Innovators
  • Growth Economics
  • Innovation Economics
  • Schumpeter's Creative Destruction

Engineering Economics for Innovation Economy

Engineering has a deep root in physical science. Scientific knowledge forms the core of the technological invention. Engineering is often known as the application of the principles of science and…
Schumpeter’s creative destruction refers to industrial mutation that incessantly destroys the old products, while creating better alternatives by changing the matured technology core–consequentially causing destruction to existing economic structures, such as industries, firms, and jobs.
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  • Disruptive Innovation
  • Innovation Economics
  • Schumpeter's Creative Destruction

Schumpeter’s Creative Destruction Distils from Praxis

This article explains the underpinnings driving Schumpeter's creative destruction. Human beings' innate creative ability of generating and pursuing ideas for getting jobs done better at less cost is the underlying reason for the manifestation of this effect. Along with with the freedom of competition to profit from ideas, we need to increase the knowledge stock for supporting the the creation of flow of ideas for fuelling successive waves of creative destruction.
Advantages and Disadvantages of eLearning deserve investigation
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  • AI & Data Analytics
  • AR/VR & Digital twins
  • Culture
  • Disruptive Innovation
  • Education
  • Education & Skills
  • Innovation
  • Schumpeter's Creative Destruction

Advantages and Disadvantages of eLearning

Despite the growing popularity of online learning, advantages and disadvantage affecting the net benefit are continuously changing. This article sheds light on different issues pertaining to benefits, advantages and disadvantages of eLearning which are being affected by technology evolution, our cultural adjustment, technology availability, and background of both teachers and students. It's time to focus on carefully assessing online classes taking place in virtual environment for optimally responding to distance learning.

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