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THE WAVES In-depth investigation on Technology, Society, and Policy dynamics for interpreting the past as well as present, and predicting the future so that success rate of pursuing ideas, start-ups, and innovation economy increases.

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
THE WAVES
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Innovation

100 posts
10 innovation principles for managing innovations for winning competition and maximising wealth creation by leveraging technology possibilities.
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  • Editor's Pick
  • Innovation
  • Principles

Innovation Principles — leveraging technology possibilities in a managed way

Due to the growing economic importance and disruptive consequences, experts have suggested that Innovation is too important to leave to innovators. They have been after finding means of managing them…
Importance of creativity demands a systematic flow of ideas for creating snow ball effect to empower faint idea to gather momentum and take off and sustain the flight--diffusing deeper and driving growth
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  • Competition
  • Editor's Pick
  • Idea & IP
  • Innovation

Importance of Creativity–how to fuel for driving innovation and growth

The importance of creativity is indispensable as it generates ideas for improving products in helping customers to get their jobs done better. Due to ideas, the quality of products improves,…
For escaping middle income trap, timely decisions and strategies are needed to graduate to innovation economy
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  • Editor's Pick
  • Growth Economics
  • Innovation
  • Strategy

Escaping Middle Income Trap–why and how?

Middle income trap refers to failing to transition to high-income status due to rising labor costs and declining competitiveness. As conventional means such as investment in infrastructure and education fail…
As Chiplet technology core trades off performance for cost, it will unlikely fuel reinvention of IDMs to regain their glories
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  • Editor's Pick
  • Innovation Economics
  • Schumpeter's creative destruction

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…
View Post
  • Editor's Pick
  • Innovation
  • Principles

Innovation Decision–fraught with pervasive uncertainties

Contrary to common belief about what it takes to succeed with technologies, innovation decision highly matters. The rise and fall of firms largely depend on Innovation decisions for exploiting latent…
For leveraging innovation ecosystem, we need winning strategy and synchronised response to the global innovation race
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  • Editor's Pick
  • Innovation
  • Strategy

Innovation Ecosystem–is it sufficient for innovation economy?

Dutch ASML became the 32nd most expensive company in Europe. Apple became a trillion-dollar company. But Nokia and Kodak suffered colossal damages to their businesses. And Taiwan has attained high-income…
Systematic exploitation of ideas for offering increasing value for money has been at the root of sustained growth
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  • Growth Economics
  • Innovation

Sustained Growth — how to attain?

From smartphones to automobiles, a few products have been enjoying sustained growth over the decades. Similarly, firms like Apple, Toyota, and a few others engaged in making them have also…
Upon reaching the pinnacle of success in the current wave, Japanese firms pursue self reinvention for sustaining the success
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  • Innovation
  • Strategy

Self Reinvention for Sustaining Success of Japanese Firms

We all know about the Kodak moment. To find the underlying reason, Prof. Clayton Christensen pursued his curiosity about why highly successful firms fail. His research endeavor led to the…
For taking two different routes for fuelling zero emission vehicles as creative wave of destruction, we have Tesla vs Toyota debate
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  • Editor's Pick
  • Schumpeter's creative destruction
  • Strategy

Tesla vs Toyota in EV Race — different routes?

As far as electric vehicle discourse is concerned, Tesla fans win. Furthermore, often, the winning statement in Tesla vs Toyota debate ends up with a kodak moment outcome; Likely, Toyota…
  • Core Competence
  • Editor's Pick
  • Innovation

Intellectual Asset Management–matters to innovation

Intellectual Asset (IA) refers to identifiable and distinct knowledge, ideas, databases, instructions, and processes that contribute to economic value creation. Hence, intellectual asset management refers to their creation, possession and refinement,…
  • Idea & IP
  • Innovation

Generating Ideas — forming an idea factory

Generating ideas consistently for driving business has been a core management challenge. Among a few others, Idea Lab, Bell Labs, and Edison’s Menlo Park Lab are idea factories. Every manager…
  • Editor's Pick
  • Innovation
  • Strategy

Innovation Flywheel Effect — how to create?

More than 75 percent of innovative products retire before generating profitable revenue. But a few of them succeed in systematically ferreting out economic value. Do the successful ones begin the…

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