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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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Principles

72 posts
Economics of technology deals with the policies for intensifying profit making competition for offering higher quality products at lower cost out of the flow of technology ideas
View Post
  • Economics of Technology
  • Imperfect Market

Economics of Technology — higher quality at lower cost

Technology affects the production, distribution, and consumption of goods services. Both the population and per capita has have been growing. The quality of living standard of the growing number of…
Technology life cycle dynamics should be carefully monitored and predicted for a timely response for leveraging innovation opportunities and avoiding the burn of creative destruction
View Post
  • Economics of Technology
  • Technology
  • Uncategorized

Technology Life Cycle – lessons from examples

The technology life cycle refers to technologies’ birth, growth, and maturity. Dynamics of the technology life cycle unfold opportunities and threats. Often, embryonic beginning keeps potentials latent, posing uncertainties about…
Product innovation takes place through innovative features around invented technology core
View Post
  • Innovation Economics
  • Product

Product Innovation – keeps evolving and migrating

Do we invent or innovate products? Technology invention forms the core of Product innovation.  Although there are many models of digital cameras, the technology core in each camera model is…
Reinvention Fuels Disruptive Innovation —making powerful firms and nations vulnerable
View Post
  • Editor's Pick
  • Innovation Economics
  • Strategy

Reinvention Fuels Disruptive Innovation —making powerful firms and nations vulnerable

Made in China 2021 is a strategic plan for uplifting China from labor and natural resources to an idea economy. This strategy is around the Reinvention of existing products. But…
Evolution of Television over more than 70 years
View Post
  • Innovation Economics

Evolution of Television

The cumulative effect of dozens of inventors from Europe, Russia, America, and Japan, over a century, culminated in the invention of Television. The evolution of television is also spread over…
Great Idea Demands a Flow of Ideas
View Post
  • Editor's Pick
  • Innovation Economics

Great Ideas Demand a Flow of Ideas

As opposed to the meath f Eureka, invariably, great ideas surface in primitive from. They need a flow of ideas for unlocking the potential.
Science, Technology, Invention, and Innovation need clarity about their individual role and the intricate relation between them
View Post
  • Strategy
  • Technology & Innovation Policy

Science, Technology, Invention, and Innovation

The role of science, technology, invention, and Innovation is indispensable for our continued prosperity. However, the path of harnessing it is neither linear nor very clear. Hence, there is a…
Redesign for Ideas for Incremental Innovation
View Post
  • Externality
  • Incremental Improvement
  • Innovation
  • Innovation Economics
  • Technology

Redesign Ideas for Incremental Innovation

The competitive market demands continuous quality enhancement and cost reduction. On the other hand, we have to pay more for labor, natural resources, and other inputs. Furthermore, a negative effect…
Fallacy of Economic Growth by Ideas—access to ideas makes poor countries rich
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  • Competition
  • Editor's Pick
  • Idea & IP
  • Innovation Economics
  • Opinion
  • Sustainability

Fallacy of Economic Growth by Ideas—access to ideas makes poor countries rich

In the discourse of sustained economic growth, experts observe that poor nations are suffering from persistent poverty because they don’t have access to ideas. “Nations are poor because their citizens…
AI Startups and VC Funding—Death Valley to avoid
View Post
  • AI & Data Analytics
  • Industrial Revolutions
  • Sensors & Perception
  • Startups
  • Startups & Corporations
  • Technology & Innovation Policy

AI Startups and VC Funding—Death Valley to Avoid

Artificial intelligence (AI) is a catchphrase in Startups and venture capital (VC) financing. It’s a new gold rush. In the USA alone, according to the National Venture Capital Association, 1356…
Science, Technology, and Innovation Policies—10 realities to face
View Post
  • Policy
  • Public-funded Research
  • Technology & Innovation Policy

Science, Technology, and Innovation Policies—10 realities to face

There has been increasing investment in science and technology. Even developing countries are promoting start-ups, and youths are highly receptive. Furthermore, there has been a belief that start-ups could open…
Innovation Economics in Market Economy
View Post
  • Disruptive Innovation
  • Economics of Innovation
  • Economics of Technology
  • Growth Economics
  • Innovation Economics
  • Schumpeter's Creative Destruction
  • Technology & Innovation Policy
  • Uncategorized

Principles of 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…

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