Principles Archives - Page 2 of 6

Managing nnovation's contradictions demands complex trade-offs in innovation management

Innovation, the cornerstone of the Market Economy, promises better living standards, more efficient processes, and the resolution of pressing societal challenges. However, its pursuit is fraught with complexities, as it…

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…

Riding the S-Curve in Ever-Evolving Technology Landscape

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Riding the S-Curve: Navigating the Growth and Saturation of the Technology Lifecycle

Like hard disks, digital image sensors, mobile phones, and airplanes, all technologies get born in an embryonic form. They grow through a Flow of Ideas, making them better and cheaper.…

Meeting consumers’ conflicting demands of higer quality at less cost by leveraging technology through incremental innovation and reinvention

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Meeting Consumers’ Conflicting Demands: Innovation in Action for Low-Cost, High-Quality Products

Consumers are in search of higher quality products at a less price to get their jobs done better. Hence, meeting consumers’ conflicting demands to make profit is a core business…

Inferior to creative destruction demands sustained incremental advancement of reinventions to cross the threshold and go beyond as a long wave.

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Inferior to Creative Destruction: The Journey of Innovations Through Reinvention Waves

Innovation often emerges as a response to unmet needs or a desire to improve existing technologies. However, the path to wide-scale adoption and profitability is far from straightforward. Historically, significant…

Engineering economics and management is to turn the scarcity of resources into abundance of wealth through inventing and scaling technology possibilities

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Engineering Economics and Management: Transform Scarcity into Abundant Wealth through Innovation

Transforming scarcity into abundant Wealth has become a crucial need for offering growing fellow human beings an increasingly better living standard—while causing less environmental harm. Fortunately, in today’s rapidly evolving…

Tata Nano frugal innovation journey reveals that cost reduction through removing features and making others inferior may result in rejection.

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Tata Nano Frugal Innovation Journey: Affordable Innovation or Unwanted Compromise?

Before the launch of the actual product, Tata Nano frugal Innovation journey was highly hailed by industry leaders, scholars, and customers alike. Enthusiasm was so much so that customers deposited…

STEM Indicators and Economic Growth show strong correlation from the data of a few selected countries like USA, Germany, and Finland.

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STEM Indicators and Economic Growth: How Education and Innovation Drive Prosperity

STEM stands for science, technology, engineering and mathematics, and its indicators include graduates, degrees, publications and patents. In addition to getting knowledge, what is the purpose of STEM competence is…

Technology economics has bee gaining importance due to growing role of technology in creating wealth, driving and migrating prosperity, acquiring market power, causing trade frictions and creating increasing inequality.

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Technology Economics–questioning basic principles of economics

Technology economics refers to the study of production, consumption, and transfer of Wealth due to the invention and evolution of technology. It explores how technology race drives and migrates prosperity,…

10 innovation principles for managing innovations for winning competition and maximising wealth creation by leveraging technology possibilities.

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Innovation Principles — leveraging technology possibilities in a managed way

Due to the growing economic importance and disruptive consequences, experts have suggested that Innovation is too important to leave to innovators. They have been after finding means of managing them…

Ideas, innovations, businesses and startups become scalable due to a flow of complementary ideas in increasing the quality and not escalating the cost proportionately.

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Scalable–how can ideas, innovations, businesses, and startups be scalable?

Often, we ask, is this idea, startup or Innovation scalable? Astronomical successes and failures make us bewildered with unanswered questions. How did mobile phones succeed in rapidly diffusing and reaching…

Winning innovation demands creating scale, scope and positive externalities better than competitors from a sustained flow of profitable ideas distilling from the resonance of consumer preferences and technology possibilities

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Winning Innovation–how to excel and sustain

For 20 years, IBM was a global leader in hard disk Innovation. Similarly, for 15 years, Nokia was an apparently unsinkable ship in the mobile handset innovation ocean. However, their…

Principles

Managing Innovation’s Contradictions:From Directional Failures to Inclusive Growth

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

Riding the S-Curve: Navigating the Growth and Saturation of the Technology Lifecycle

Meeting Consumers’ Conflicting Demands: Innovation in Action for Low-Cost, High-Quality Products

Inferior to Creative Destruction: The Journey of Innovations Through Reinvention Waves

Engineering Economics and Management: Transform Scarcity into Abundant Wealth through Innovation

Tata Nano Frugal Innovation Journey: Affordable Innovation or Unwanted Compromise?

STEM Indicators and Economic Growth: How Education and Innovation Drive Prosperity

Technology Economics–questioning basic principles of economics

Innovation Principles — leveraging technology possibilities in a managed way

Scalable–how can ideas, innovations, businesses, and startups be scalable?

Winning Innovation–how to excel and sustain

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