Schumpeter's Creative Destruction Archives

Digital technology transformation has been changing its role from incremental innovation for playing an assistive role to 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…

The second industrial revolution is due to the uprising of a number of creative waves of innovation driven by technology cores like ICE and electricity

View Post

Second Industrial Revolution in Perspective

This writeup articulates the 2nd industrial revolution as the unfolding of creative waves around a set of emerging technology core

View Post

Creative Destruction of Automobile Invention

After a century-long tinkering of different technology cores, internal combustion engine (ICE) based creative destruction of automobile invention emerged at the fag end of the 19th century. This wave of…

View Post

Innovation Possibilities of Neural Implants

Human beings are after a relentless race of performing jobs better with minimum involvement. We are always looking after means of having a higher level delegation of role to machines.…

View Post

Winning Strategy of Apple vs Tesla

Neither Apple nor Tesla invented their great products. Apple redesigned smartphones with a unique feature of the multitouch user interface. Similarly, Tesla redesigned automobiles with new technology cores like electric…

View Post

Avoiding Silicon Wealth Annihilation

Silicon has been a trustworthy source of wealth. The market economy accumulated this wealth in the hands of a few. This wealth is now flowing to nurturing ideas for building…

View Post

Edge in Battery Threatens Tesla

For the enigmatic CEO, the skyrocketing share price has been hoisting the winning flag of Tesla’s Electric Vehicle journey. As opposed to speculating the time frame by which Tesla will…

View Post

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…

View Post

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…

View Post

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…

View Post

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…

View Post

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…

Schumpeter’s Creative Destruction

Digital Technology Transformation Changes from Incremental to Creative Destruction

Second Industrial Revolution in Perspective

Creative Destruction of Automobile Invention

Innovation Possibilities of Neural Implants

Winning Strategy of Apple vs Tesla

Avoiding Silicon Wealth Annihilation

Edge in Battery Threatens Tesla

Unified Theory of Innovation and Transformation

Innovation Economics in Market Economy

Engineering Management in Innovation Era

Autonomous Vehicles in Death Valley!

Technology Policy for Idea Economy Fuels Increasing Prosperity through Creative Destruction

Principles

History & Observations

About Us