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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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Schumpeter’s creative destruction

10 posts
Nations fail in econimic prosperity due to resistance to creative destructions terming them as threat
View Post
  • Editor's Pick
  • National Response
  • Schumpeter's creative destruction

Why Nations Fail: Is Trump’s Response to EV to repeat the history?

In their widely discussed thesis Why Nations Fail, Nobel laureate Daron Acemoglu and James A. Robinson argue that the rise and fall of nations is fundamentally shaped by their responses…
Despite winning Nobel Prizes, creative destruction theory fall short in taking management decision.
View Post
  • Editor's Pick
  • Schumpeter's creative destruction

Creative Destruction Theory—sound enough to avoid innovator’s dilemma?

The success of Apple, Sony, Microsoft, and many others indicates that the underlying reason for the rise of tiny Startups into big corporations has been the success of Creative Destruction,…
Intel's future in regaining lost glory depends on fuelling next reinvention waves and winning them for ferreting out value from its competence
View Post
  • Editor's Pick
  • Schumpeter's creative destruction

Intel’s Future in a Bid of Regaining Lost Glory–Rise, Fall, and Migration of Semiconductor Prosperity

Intel, once a symbol of technological dominance and semiconductor prosperity, has found itself grappling with the daunting challenges of the modern technology landscape—raising the question about Intel’s Future. Is it…
As Chiplet technology core trades off performance for cost, it will unlikely fuel reinvention of IDMs to regain their glories
View Post
  • 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…
For taking two different routes for fuelling zero emission vehicles as creative wave of destruction, we have Tesla vs Toyota debate
View Post
  • 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…
Creative Waves of Destruction Shaping Future
View Post
  • Future of Work
  • Human Machine Rivalry
  • Schumpeter's creative destruction

Creative Waves of Destruction Shaping Future—demands prediction and timely response

Experts are divided in predicting the future of work and living by 2030. They agree that artificial intelligence (AI) and the Internet of Things (IoT), among other technologies, will have…
Innovative Ideas Shape Market Economy
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  • Disruptive Innovation
  • Imperfect Market
  • Opinion
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  • Porter's Five Forces
  • Schumpeter's creative destruction
  • Technology Development

Innovative Ideas Shape Market Economy

Innovative Ideas Shape Market Economy: Lessons from Great Minds like Adam Smith, Carl Marx, Schumpeter, Vannevar Bush, Steve Jobs, Christenson, Romer, Solow, Tirole, and Porter Economic prosperity has been at…
Creative destruction propels capitalism
View Post
  • Disruptive Innovation
  • Editor's Pick
  • Good to Great
  • Great by Choice
  • Innovation History
  • Opinion
  • Schumpeter's creative destruction

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.
Creative destruction takes place for both incremental advancement and reinvention, but reinvention waves take the shape of disruptive innovations due to the switching failures of firms producing product around older technology core
View Post
  • Disruptive Innovation
  • Growth Economics
  • Schumpeter's creative destruction

Creative Destruction vs Disruptive Innovation

In this age of technology, understanding the dynamics of uprising of creative destruction force to cause disruption to products, firms, and industries is quite paramount.
Detecting and pursuing megatrends of creative destruction out of technology possibilities face a challenge due to pervasive uncertainties.
View Post
  • Disruptive Innovation
  • Megatrends
  • Schumpeter's creative destruction
  • Schumpeter's Creative Destruction

Megatrends of Creative Destruction

Megatrends of technology are often difficult to spot and respond on time. Failure in doing so often leads to missed opportunity and suffering from creative destruction.

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