Maturing Capitalism Demands Alternatives
Economic systems are not static. From feudalism to modern Capitalism, they emerge, grow, reach maturity, and eventually decline. This pattern raises an important question about the underlying causes of such…
Economics of Technology
18 posts
Riding the S-Curve: Navigating the Growth and Saturation of the Technology Lifecycle
Like hard disks, digital image sensors, mobile phones, and airplanes, all technologies get born in an embryonic form. They grow through a Flow of Ideas, making them better and cheaper.…
Inferior to Creative Destruction: The Journey of Innovations Through Reinvention Waves
Innovation often emerges as a response to unmet needs or a desire to improve existing technologies. However, the path to wide-scale adoption and profitability is far from straightforward. Historically, significant…
Science the endless frontier–driving prosperity and creating jobs
Science the endless frontier refers to profiting from winning the global race of inventing technologies and innovating products for offering better means of Getting jobs done by leveraging the endless…
Importance of Technology–fueling innovations in jobs to done
Despite 1.3m deaths in road accidents and 8.8m deaths from air pollution, why is the automobile density increasing? What is the substance of the debate of whether technology is a…
Asia Dominates Microchip Making–NOT due to subsidies and low-cost labor
Is the argument that Asia dominates microchip-making due to subsidy and low-cost labor wrong? Yes, Asia did not invent it. Despite this, why Asia dominates microchip making is intriguing indeed.…
US Semiconductor–from invention, supremacy to despair
The US semiconductor industry started with the invention of its Bell Labs. Subsequently, it attained supremacy in semiconductor production due to the success of making computers better and cheaper. Notably,…
STEM Education–what is the purpose?
STEM education is a key development agenda. During the 18th and 19th centuries, the UK-led Europe became highly prosperous due to Wealth creation success out of the advancement of science,…
Technology Monopoly — why and how to deal with
Among the top five most expensive companies, four are technology monopolies. Unlike Aramco, these companies have become so expensive due to their monopolistic situation in the accumulation of technology ideas.…
Powering Clean Buses – facing policy dilemma
Traffic-related air pollution (TRAP) constitutes a significant cause of cardiopulmonary diseases, cancers, diabetes, and neurotoxicity. Although such evidence led to the adoption of increasingly stringent regulations, the economics of competing technology…
Intel Falling Due to PC and Mobile Waves
News of Intel falling has been drawing traction. This is the company that started the chain reaction in forming Silicon Valley. It’s America’s High-tech icon. Despite initiatives, the USA has…
Taiwan’s Semiconductor Monopoly – How did it arise?
More than sixty percent of global Foundry output is from Taiwan. Besides, TSMC alone has a 54 percent global Foundry market share. These two numbers are good enough to show…