Kodak Moment – collapse from disruptive innovation
Like Kodak, Nokia, RIM, RCA, DEC, and many other highly successful firms suddenly disappeared, giving birth to Kodak moment. The underlying cause of their sudden disappearance is the outcome of…
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Network Externality – affecting innovation diffusion race
The network Externality Effect has been at the core of the success of Facebook, Google search engine, and many others. On the other hand, it has been a seemingly insurmountable…
AI Policy Response – demands long-term perspectives
Artificial Intelligence (AI) is not magic. It is not a new technology either. Underlying component technologies are available and also affordable. In isolation, they have little capabilities. But once they…
Technology forecasting for predicting unfolding future
Not long ago, in 1992, Intel CEO Andy Grove shared a remark about the future of the smartphone, “The idea of a personal communicator in every pocket is a pipe…
AI singularity: misleading publications and innovation promises
What does the growth of artificial intelligence (AI) related publications on arXiv by more than sixfold, from 5,478 in 2015 to 34,736 in 2020, indicate? Does it mean that memorization-based…
Empathy Skills – for systematic ideation
Despite having so much advancement in science, technology, publications, and patents, why are we witnessing astronomical failure rates in Startups? Why are more than 80 percent of Product innovation retiring…
Innovation Skills – turning ideas into wealth
It’s easy for rural farmers in Bangladesh to generate and deploy ideas in producing economic value. But why are thousands of Startups all over the world failing to turn their…
Future of Work – persistent uncertainty
Due to technology, the looming job loss threat is a big concern about the future of work. But does not technology create jobs? How come we have more jobs now…
Industrial Revolution Technologies
How to define industrial revolutions? Why are there some start and end dates, and birthplaces of industrial revolutions? Furthermore, what is the role of industrial revolution technologies? An industrial revolution…
Industrial Revolution
We are likely scared about the impending threat of massive job loss due to the unfolding of the Fourth Industrial Revolution. How do we define the industrial revolution, and why…
Disruptive Innovation
The weakening or disappearance of Kodak, RCA, RIM, or Nokia, and the rise of Apple, Sony, Nichia, or Tesla is intriguing indeed. Similarly, the loss of American and European dominance…
12 Creative Destruction Examples – driving prosperity out of destruction
Prof. Schumpeter introduced Creative Destruction in explaining Wealth creation, accumulation, and annihilation dynamics. He argued that creative destruction is crucial in Capitalism; it’s a vital tool to erode the monopoly. But what…