Rokon Zaman, Author at THE WAVES

Paradox of innovation poses the challenge of leveraging innovation race for expanding the trade, while finding ways in dealing with accumulated market power without throttling innovation

Expanding trade while fueling monopolistic power underpins the paradox of Innovation. Innovation is a cornerstone of the Market Economy, driving prosperity, improving living standards, and fueling economic growth. However, it…

Dark side of innovation underscores wealth creation amid loss and chaos

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Dark Side of Innovation: Navigating the Painful Path to Prosperity

Innovation drives economic growth, prosperity, and improved living standards in market economies. It fuels advances in technology, revolutionizes industries, and solves pressing societal problems. However, this transformative process is far…

Substitution effect in innovation is due to the rise of new technology cores powering reinventions of matured products, creating disruption

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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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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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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,…

Beyond the Eureka moment points to a long road to success from humble beginnings to market leaders through incremental evolution

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Beyond the Eureka Moment: Transforming inferior beginnings into breakthroughs through incremental progress

Innovation rarely arrives as a sudden, fully formed Breakthrough, and true market success does not simply happen with an initial Eureka moment. Instead, great innovations evolve from inferior beginnings into…

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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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…

Unlocking new wealth frontiers through limitless supply of ideas offers us endless wealth creation window from limited resources

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Unlocking New Wealth Frontiers: The Endless Potential of Ideas Over Objects

To address increasing quality of life for the growing population, unlocking new Wealth frontiers has been burning issue. Innovation plays a transformative role in modern economics, opening limitless frontiers for…

Creative destruction to prosperity demands a set of principles for balancing innovation’s gains and growing pains in the market economy

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Creative Destruction to Prosperity: Why We Need Guiding Principles for Innovation

Innovation is often hailed as the key driver of economic growth and prosperity. It offers the promise of new opportunities, Wealth creation, and societal advancement. However, the reality of profiting…

Technology adoption as a series of wavelets caused by release of successive versions, as dynamic life cycle of technology keeps improving fitness and affordability of innovations

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Technology Diffusion as Waves of Progress: Fitness and Affordability Drive Adoption

The evolution of technological innovations is dynamic, with continuous advancements in quality improvement and cost reduction. Unlike static innovations, like seeds or vaccines, which largely remain unchanged after their creation,…

Leveraging externalities and technologies for navigating competitive forces to sustaining innovation in the market

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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…

We need to look Beyond Schumpeter and Christensen to figure out the underlying mechanics of creative destruction so that we can predict and drive them

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Beyond Schumpeter and Christensen: Mechanics of Creative Destruction and Principles for Predicting Innovation Waves

The theories of Creative Destruction and Disruptive innovation by Prof. Joseph Schumpeter and Prof. Clayton Christensen have been monumental in explaining how emerging technologies reshape markets and challenge incumbents. Schumpeter’s…

Rokon Zaman

Paradox of Innovation: Expanding Trade While Fuelling Monopolistic Power

Dark Side of Innovation: Navigating the Painful Path to Prosperity

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

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

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

Beyond the Eureka Moment: Transforming inferior beginnings into breakthroughs through incremental progress

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

Unlocking New Wealth Frontiers: The Endless Potential of Ideas Over Objects

Creative Destruction to Prosperity: Why We Need Guiding Principles for Innovation

Technology Diffusion as Waves of Progress: Fitness and Affordability Drive Adoption

Leveraging Externalities and Technologies to Sustain Innovation in the Market

Beyond Schumpeter and Christensen: Mechanics of Creative Destruction and Principles for Predicting Innovation Waves

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