Innovation Economics Archives - Page 2 of 3

Tata Nano frugal innovation journey reveals that cost reduction through removing features and making others inferior may result in rejection.

Tata Nano Frugal Innovation Journey: Affordable Innovation or Unwanted Compromise?

Before the launch of the actual product, Tata Nano frugal Innovation journey was highly hailed by industry leaders, scholars, and customers alike. Enthusiasm was so much so that customers deposited…

STEM Indicators and Economic Growth show strong correlation from the data of a few selected countries like USA, Germany, and Finland.

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STEM Indicators and Economic Growth: How Education and Innovation Drive Prosperity

STEM stands for science, technology, engineering and mathematics, and its indicators include graduates, degrees, publications and patents. In addition to getting knowledge, what is the purpose of STEM competence is…

Ideas, innovations, businesses and startups become scalable due to a flow of complementary ideas in increasing the quality and not escalating the cost proportionately.

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Scalable–how can ideas, innovations, businesses, and startups be scalable?

Often, we ask, is this idea, startup or Innovation scalable? Astronomical successes and failures make us bewildered with unanswered questions. How did mobile phones succeed in rapidly diffusing and reaching…

Winning innovation demands creating scale, scope and positive externalities better than competitors from a sustained flow of profitable ideas distilling from the resonance of consumer preferences and technology possibilities

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Winning Innovation–how to excel and sustain

For 20 years, IBM was a global leader in hard disk Innovation. Similarly, for 15 years, Nokia was an apparently unsinkable ship in the mobile handset innovation ocean. However, their…

Disruptive effect on existing highly profit making business unfolds due to rise of reinvention wave and innovators dillema

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Disruptive–innovation, technology and disruptor

Is LED light bulb disruptive to the incandescent and CFL light bulb business? Similarly, are smartphones disruptive to the business of PDAs, cameras, PCs, music players, video cameras, torchlights, and…

Endless possibility of profiting from quality improvement and cost reduction through endless flow of ideas makes innovation opportunities unlimited

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Innovation Opportunities–is it endless?

Has everything been invented? Are Innovation opportunities endless? Why do we think so? What is the justification in favor of such a belief? As unfolding innovation opportunities keep shaping the…

As Chiplet technology core trades off performance for cost, it will unlikely fuel reinvention of IDMs to regain their glories

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Chiplet Technology — a weak reinvention core?

In the race to increase chip density, integrated device makers (IDMs) like Intel and AMD have lost to TSMC. To regain the lost glory, they have been desperate. To overcome…

Grassroots Innovations — why and how to scale up

Innovation is about gathering, generating, adapting, and deploying ideas in performing jobs better—consequentially, creating economic value. Hence, innovation is not limited to formal R&D laboratories, the corporate world, magical products,…

By leveraging scientific progression, race of winning has led to reinventing light bulb making it increasingly better, cheaper, and environment friendly

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Science for Environment and Economic Prosperity

For producing 750 lumens, we used to turn on a 60W incandescent light bulb. Due to its Reinvention as LED, we need to spend just 10W to get the same…

How to innovate patterns distilled from the decoding of great innovation performances

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How to Innovate–decoding greatness

Everybody would like to be a great innovator. But how to innovate is a mystery. What is your unique way to show greatness? Ron Friedman came up with Decoding Greatness…

ASML TSMC nexus has the root in the urgency of having collaboration for developing next generation machine to move to the next silicon nodes ahead of competition

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ASML TSMC Nexus Fuels Semiconductor Monopoly

In lithography, ASML is a monopoly. As a lead user of ASML’s extreme ultraviolet (EUV) lithography machines, TSMC has become a monopoly in high-end (5nm as of 2021) silicon processing.…

Reinvention wave grows causing destruction and migration

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Creative Destruction – creation from reinvention

Instead of going to video rental stores, we click a button to enjoy on-demand videos. Similarly, physical books have become e-Book, and streaming has taken over CD albums due to…

Innovation Economics

Tata Nano Frugal Innovation Journey: Affordable Innovation or Unwanted Compromise?

STEM Indicators and Economic Growth: How Education and Innovation Drive Prosperity

Scalable–how can ideas, innovations, businesses, and startups be scalable?

Winning Innovation–how to excel and sustain

Disruptive–innovation, technology and disruptor

Innovation Opportunities–is it endless?

Chiplet Technology — a weak reinvention core?

Grassroots Innovations — why and how to scale up

Science for Environment and Economic Prosperity

How to Innovate–decoding greatness

ASML TSMC Nexus Fuels Semiconductor Monopoly

Creative Destruction – creation from reinvention

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