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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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Strategy

225 posts
  • R&D Management
  • Technology Acquisition

Refining Acquired Technologies: Crucial Role of Internal R&D for Scaling up Innovations

Irrespective of greatness, no single technology alone can power successful innovations. No organization can fully depend on internal technology inventions either to unlock value from reinventions and evolution of innovations.…
  • Technology Managment

Technology Leveraging Decisions: Balancing Competence, Market Needs, and Organizational Suitability

The journey from identifying a technology possibility to creating economic and competitive advantages is fraught with complexities. Decisions about leveraging technology are influenced by several critical factors, including anticipated market…
Reducing innovation risks should focus on timing for maturity and synchronised responses from complementary technologies and externalities
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  • Editor's Pick
  • Technology Managment

Reducing Innovation Risks: Timing for Synchronized Response for Handling Technology Uncertainty  

Innovation risk due to technology uncertainty is a significant concern for businesses. Research indicates that approximately 70% of innovations fail, often due to misalignment with market needs or technological readiness.…
Predicting frontier technology demands integrating insights from patents, and publications with expert opinions and demonstrated performance data
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  • Technology Managment

Predicting Frontier Technology: Assessing, Monitoring, and Tracking of Performance, Patents, and Publications

The ability of predicting frontier technology is critical for driving Innovation, achieving competitive advantage, and addressing societal challenges. However, extrapolating from historical performance data alone often leads to inaccuracies due…
Managing frontier technology uncertainty is highly imperative for driving reinvention waves for crossing the threshold and go beyond
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  • Technology Managment

Managing Frontier Technology Uncertainty: Keys to unleashing creative destruction

Technologies such as AI, quantum computing, and biotechnology pave the way for unprecedented advancements. Leveraging frontier technologies for Reinvention involves identifying and utilizing emerging innovations that redefine industries and create…
  • Innovation
  • Principles

Ten Principles of Innovation: Driving Progress by Managing Complexity

Innovation is the driving force of progress, offering humanity opportunities for Wealth creation, improved living standards, and unprecedented technological advancements. However, the journey of innovation is neither straightforward nor benign.…
Substitution effect in innovation is due to the rise of new technology cores powering reinventions of matured products, creating disruption
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  • Disruptive Innovation
  • Innovation
  • Strategy

Substitution Effect in Innovation: A Path to Creative Destruction and Disruptive Innovation

Innovation drives progress, transforming how we interact with technology and the world. A particularly intriguing phenomenon within this dynamic is the substitution effect, where new technology displaces older ones. While…
From cloning to innovating surfaces the reality that irrespective of the greatness of the idea and patent barrier, followers will enter to take a piece of the profit-making opportunity in innovation race.
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  • Competition
  • Innovation

Cloning to Innovating: The Role of Followers in Shaping Market Competition

In a Market Economy, profitable Innovation is an open invitation for competitors to enter and claim their share. Regardless of the brilliance of an idea or the strength of a…
Navigating competitive pressure demands keep releasing successive better versions by leveraging technology possibilities and externalities
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  • Competition
  • Economics of Innovation
  • Externality

Navigating Competitive Pressures: Why Successive Product Versions Are Essential for Sustaining Willingness to Pay

In a competitive Market Economy, the success of an innovative product depends on more than just its inherent benefits or initial Utility. As soon as an Innovation hits the market,…
Innovation’s loss-making phase is marked by the reality that great ideas begin the journey in an inferior form and potential remains latent
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  • Policy
  • Technology Managment

Innovation’s Loss-Making Phase: Why Great Ideas Often Start in the Red

Innovation often begins as a loss-making endeavor despite the potential greatness of the idea behind it. This phenomenon stems from the fact that most new ideas emerge in an underdeveloped…
Leveraging externalities and technologies for navigating competitive forces to sustaining innovation in the market
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  • Competition
  • Externality
  • Strategy

Leveraging Externalities and Technologies to Sustain Innovation in the Market

The life cycle of Innovation in the market is shaped by two opposing forces that affect willingness to pay: positive forces through externalities and negative pressures from competition. Innovators must…
  • Innovation
  • Strategy

Innovation Engine: for sustaining products relevant in a competitive market by building innovation pipeline

Innovative products like smartphones, televisions, and automobiles often experience rapid shifts in Market Dynamics. Despite their initial allure, consumer willingness to pay for these products tends to decline soon after…

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