Innovation Management—An Outline
Innovation management deals with systematically ferreting value from the market out of technology ideas integrated with product and process innovation
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disruptive innovation
Types of Innovation and Diffusion Patterns
Types of Innovation have implications on how technology ideas diffuse in society. Product innovation out of new the invention of technology begins the wave of diffusion journey. However, Process innovation…
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…
Waves of Innovation Theory
Innovations are too important to remain as a magical act. They are vital for creating increasing Wealth from depleting sources. However, often, they unfold as waves of the tsunami–causing devastation…
Systematic Innovation in Competitive Market
For succeeding with Innovation, we need ideas. Innovators easily generate a Flow of Ideas out of brainstorming and other techniques. However, experimenting with ideas is costly. Instead of building a…
Innovation Theory for Systematic Ferreting
Experimenting with ideas to figure out whether they hit or miss is too expensive. Although to many, Innovation is a eureka moment of a creative mind, firms with a successful…
Japanese Innovations in Digital Age
Where are Japanese innovations in the digital age? Unlike the past, Japanese innovations no longer create headline news in popular media. However, that does not mean that Japan has become…
Invention vs Innovation
Invention and Innovation appear to be the same for many of us. We also use these two terminologies interchangeably. However, there is a distinctly visible fine line between them. The…
Innovation Possibilities of Digital Twins
Digital Twins is the outcome of the fusion of a set of technologies. These are AR, VR, computer vision, IIoT, and low latency wireless connectivity, like 5G. However, this fusion…
Product innovation
Product innovation takes place in three different firms. The first one is about bringing a new product, like magnetic resource imaging (MRI) or microwave oven. It’s often followed by a…
Innovation Possibilities of Neural Implants
Human beings are after a relentless race of performing jobs better with minimum involvement. We are always looking after means of having a higher level delegation of role to machines.…
Entering into Innovation Economy through Redesign—A prescription for aspiring developing countries
Often we perceive Innovation as the magical outcome of creative minds. For entering into an Innovation Economy, should we wait for the emergence of creative genius? If it is an…