Opinion

12 posts
Electrical and Computer Engineering Fuels Innovation Economy
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Electrical and Computer Engineering Fuels Innovation Economy

Although ECE education is focusing on sharing existing body of knowledge, they increasingly need the competence of developing ideas for improving existing products and processes, and also innovating new ones. Most importantly, they need to know how to succeed to trade them in the globally competitive market economy.
Creative destruction propels capitalism
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Disruptive Technologies Drive Creative Destruction

Schumpeter's creative destruction is at the core of capitalism for offering us successive better products at lower cost. But which power creative destruction? It's disruptive technology. And not all technologies are disruptive ones. How to spot and leverage them often cause decision making challenge, which subsequently cause destruction to incumbents.