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Shedding light on industrial economy benefits from the reoccurring patterns in the evolution of five generations of light sources

Starting from building back better America to massive job loss threats in developing economies, the human race has been bewildered by daunting issues. At the core, it is the dynamics…

Strategic areas of ideas for reinnovation offers the opportunity for systematic idea generation and extraction of value from the evolution of innovation

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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…

Scalability of ideas refer to adding intellectual assets to both products and processes for increasing willingness to pay and reducing cost for objects

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Scalability of Ideas—at the core of innovation successes

Systematically ferreting out value from great ideas has been a challenge. Often, the outcome is magical though. However, the scalability of ideas is at the core of nurturing ideas into…

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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…

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Schumpeter Creative Destruction Demystified

Competition to profit from ideas for offering better substitutions is the underlying strength of producing more from less. On the backdrop of monopolization and uprising of super-rich out of offering…

Evolution of smartphone as a disruptive innovation example started the journey causing disruption to PDA, leading to causing destruction to iPod, Cameras and many more

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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.

Network effect

Due to the Network effect, the perceived value of goods and services keeps increasing with the growth of the customer or user base. For example, for the telecom network, the…

Economies of Scale

It’s known as Economies of Scale. This is about decreasing per unit of cost with the growth of production or volume. For generating ideas, we make an investment in R&D,…

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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…

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Software Business Model for Automobiles

As soon as we drive our new car out of the showroom, the vehicle’s value starts diminishing. However, that does not happen for software running on our smartphones. Like the…

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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…

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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…

monopoly

Shedding Light on Industrial Economy—reoccurring patterns in light source evolution

Strategic Areas of Ideas for Reinnovation—the underpinning of the evolution of innovation

Scalability of Ideas—at the core of innovation successes

Creative Destruction of Automobile Invention

Schumpeter Creative Destruction Demystified

Evolution of Smartphone as Disruptive Innovation

Network effect

Economies of Scale

Invention and Monopolization of Word Processing

Software Business Model for Automobiles

Principles of Innovation Economics in Market Economy

Engineering Management in Innovation Era

Principles

History & Observations

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