Unified Theory of Innovation and Transformation
Innovation is at the core of the Market Economy for offering us continued prosperity. Waves of Innovation transform products, jobs, skills, firms, industries, countries, and our way of Getting jobs…
Disruptive Innovation
57 posts
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…
Engineering Management in Innovation Era
Engineering management has many connotations, and they have been evolving. Let’s have an acceptable definition, to begin with. Engineering management in the Innovation era involves the ability to i. interpret…
Frugal innovations get stunted—why don’t they keep growing?
Every community, region, and country benefits from creative outbursts. To serve purposes better, creative minds come up with ideas of products, often by integrating available technologies more appropriately. There are…
Flash Memory as Disruptive Innovation
The pen drive is very handy for storing data. Many of us have several of them. A 250 GB flash drive costs as little as $20. However, the uprising of…
Storage Evolution Powering Computer Innovation—unfolding waves of creative destruction
Like many other significant innovations, the computer also started the journey in primitive form. The advancement of major building blocks has been driving the evolution from a roomful of machines…
Disruptive Effect of Digital Camera—How did Canon Avoid Kodak Moment?
The later part of the 20th century created many excitements in the technological Innovation industry. Among them, the most expensive company in the world started the journey from the garage.…
Invention and Evolution of Light Bulb—more than a spark in the mind of a genius
The light bulb is a metaphor for invention and Innovation. Often, we think that a creative spark in the mind of genius leads to a great invention, leading to innovations…
Christensen’s Disruptive Innovation and Technology
Prof. Clayton Christensen had a curiosity to get to know why high-performing, well-managed technology firms fail. Of course, firms will be on a declining path if they keep facing poor…
Incremental Innovation vs Disruptive Innovation
Every day we use numerous products. We observe that some products are continuously improving. On the other hand, we also observe that a different type of product is replacing some…
Unfolding Fourth Industrial Revolution—waves of creative destructions
Prof. Klaus Martin Schwab has done an excellent job. He has made the “fourth industrial revolution” phrase quite known. From the media personalities to political leaders, everybody has become quite…
Steve Jobs Creation–magical or logical?
Steve jobs creation impresses all of us. Often, we show an addictive association with his creation–Mac, iPod, iPhone, and iPad. He used this magical power to create the Apple Computer…