Redesign Ideas for Incremental Innovation
The competitive market demands continuous quality enhancement and cost reduction. On the other hand, we have to pay more for labor, natural resources, and other inputs. Furthermore, a negative effect…
Megatrends
107 posts
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…
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…
Autonomous Vehicles in Death Valley!
Mainstem media, including The Economist, ran dozens of articles spreading the news that “Autonomous vehicles are just around the corner.” Furthermore, even Think Tanks and academic publications were echoing the…
Knowledge and Skills in Robot Era—are we misinterpreting or misleading?
There are calls from many forums starting from World Economic Forum to Think Tanks and research centers for uplifting education and skill for responding to the robots. We hear loud…
Technology Policy for Idea Economy Fuels Increasing Prosperity through Creative Destruction
Schumpeter observed Creative Destruction is at the core of the Market Economy to offer us an increasingly better-quality life. Waves of technological Innovation are emerging one after another, offering us…
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…
Artificially Intelligent Robots–stretching human-machine frontier
Artificially intelligent robots have human-like sensing, perceiving, learning, and decision-making abilities, and they are able to deal with variations. They are no longer known for dull, dirty, and dangerous jobs.…
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…
Technologies for Sustainable Development—does science and technology policy matter?
On the one hand, our natural stock of resources has been depleting. In addition to it, we are reaching the limit of air, water, and soil to absorb and recycle…