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…
Economics of Innovation
42 posts
Technological Economies of Scale – fuel startup success
Apple, Microsoft, Intel, and many other technology companies invest billions in developing new products and releasing the subsequent versions. But they charge only a tiny fraction of that R&D cost…
Car Evolution – competititive race in incremental innovation
Innovation is a synonym to Eureka with a big spark in a light bulb. But the car evolution offers us a different lesson. Unlike a big bang, Carl Benz’s automobile…
Tesla Markets China’s Idea—Worsening America’s Fear of the Rise of China as Innovation Powerhouse
For Tesla, CATL’s unveiling of its new ‘Qilin’ Battery that can deliver 600+ miles of range to EVs is great news indeed. Does it mean Tesla markets China’s idea? Tesla…
Strategic Areas of Ideas for Reinnovation—the underpinning of the evolution of innovation
More or less, all major industrial products, whether hardware or software, have been evolving. Are random or free Flow of Ideas has been supporting this evolution. Or, are there strategic…
Innovators Succeed from Ideas of Others
Profiting from ideas has been a great challenge. On the one hand, great ideas start the journey at loss. On the other hand, Apple and many others are showing magical…
Systematically Generating Innovative Ideas
Despite the immense importance, Innovation productivity has been a growing concern. Firms need to have higher productivity, and also predictability in innovation performance–making products better and also cheaper. The challenge…
Technology Innovations in Kondratiev Waves
The casualty of technology innovations in Kondratiev Waves offers us valuable insights for prediction and investment decision-making. However, so far the needed cause and effect does not appear to be…
Creative Destruction of Automobile Invention
After a century-long tinkering of different technology cores, internal combustion engine (ICE) based Creative Destruction of automobile invention emerged at the fag end of the 19th century. This wave of…
Evolution of Smartphone as Disruptive Innovation
By taking the advantage of economies of scale, scope and externality of software centric innovation, innovators have turned smartphone as a strong force of disruptive innovation.
Invention and Monopolization of Word Processing
Word Processing has a root in the invention of technology, in the 18th century, for producing the impression of typed characters. It led to the Innovation of typewriters. Over a…
Passion and Knowledge for Scarcity of Ideas
There is no natural correlation between R&D budget, publications and patents