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…
Principles
69 posts
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…
Completion rate on eLearning platforms—alarming!
A recent surge of online education is raising several key questions. Are we in the new era of education? Is the delivery of lectures through video conferencing software over the…
Technologies Affecting Benefits of eLearning
Students sitting in front of computers wearing headsets have become a common picture in many homes. Video conferencing software connects teachers and students over the Internet. In fact, the quality…
Smartphone Addiction Undermines eLearning Advantages
Smartphone addiction refers to a lack of control over the temptation of frequently touching smartphones, despite the urge of not to do so due to knowing negative effects like social…
Engineering Economics for Innovation Economy
Engineering has a deep root in physical science. Scientific knowledge forms the core of the technological invention. Engineering is often known as the application of the principles of science and…
Schumpeter’s Creative Destruction Distils from Praxis
This article explains the underpinnings driving Schumpeter's creative destruction. Human beings' innate creative ability of generating and pursuing ideas for getting jobs done better at less cost is the underlying reason for the manifestation of this effect. Along with with the freedom of competition to profit from ideas, we need to increase the knowledge stock for supporting the the creation of flow of ideas for fuelling successive waves of creative destruction.
Disruptive Technology and Innovation Examples
We are all after better products at a lower cost. But how do they show up? The process of Schumpeter’s Creative Destruction is at the core of meeting such a…
Goals of Science and Technology–spell out linkage to wealth creation
What should be the goals of science and technology? Notably, in less developed countries, setting the goals of science and technology is an issue. For sure, science and technology (S&T)…