Techonomics: The Theory of Industrial Evolution

Techonomics: The Theory of Industrial Evolution

by H. Lee Martin
     
 

ISBN-10: 0849370671

ISBN-13: 9780849370670

Pub. Date: 09/28/2006

Publisher: Taylor & Francis

Have you ever wondered about the forces behind globalization, mass customization, just in time delivery, virtual companies, and perfect information? Providing a platform to understand and navigate our rapidly advancing world, Techonomics: The Theory of Industrial Evolution explains the relationship between technology, economy, and organizations.

Overview

Have you ever wondered about the forces behind globalization, mass customization, just in time delivery, virtual companies, and perfect information? Providing a platform to understand and navigate our rapidly advancing world, Techonomics: The Theory of Industrial Evolution explains the relationship between technology, economy, and organizations. Successful entrepreneur and prolific inventor Dr. H. Lee Martin shares a technologist’s marketplace insights gained from a 15-year journey from the garage to the public market.

Martin examines four foundations of healthy organizations: energy, communication, computation, and community. He then elucidates a method of tracking market progress, based on measuring both technology performance and economic cost, which provides a tool to consistently monitor advancement of any endeavor. The book looks at three contemporary trends based on electronic advancement, network expansion, and increasing productivity that are forcefully driving organizations in the 21st century. It explains examples of successful companies utilizing emerging operational business models.

Adam Smith’s laws of supply and demand are challenged daily by a world productive capacity that can overproduce manufactured goods and create infinite supplies of information. Providing examples of the value of e-commerce to business operations, Technomics delineates how to measure, compare, and maximize trends in key processes. It demonstrates how, in the dawning Virtual Age, organizations that effectively use ALL resources will continually increase productivity, and those that don’t will fall behind.

Product Details

ISBN-13:
9780849370670
Publisher:
Taylor & Francis
Publication date:
09/28/2006
Series:
Industrial Innovation Series, #2
Pages:
256
Product dimensions:
6.30(w) x 9.20(h) x 0.80(d)

Table of Contents

A Techonomic Primer Introduction to Techonomics
Introduction
Goal of this Book
From Biology to Business
Techonomics: The Definition
Fundamental Assumptions
A Leading Indicator: The Military
Summary
Questions
References Seeing the World through Transactions
Story of Ronald Coase
Transaction Cost Analysis: The Make-or-Buy Decision
Hidden Transaction Costs
The Importance of “Perfect Information”
Defining Techonomic Metrics
Techonomic Metric Process
Summary
Questions
References
A Techonomic Perspective of History
Organizational Evolution Resulting from Technological Advancement: A Timeline
Introduction
A Timeline of Technology
The Four-Square Principle: Organisms/Individuals
The Four-Square Principle: Organizations/Society
Summary
Questions
References Creating Techonomic Metrics
Introduction
The Techonomic Sweetspot
An Example: Digital Photography Techonomic Metric
Military: Technology Advance without Economic Constraint
Energy: Side 1 of the Organizational Square
Computation: Side 2 of the Organizational Square
Communications: Side 3 of the Organizational Square
Community: Side 4 of the Organizational Square
Reflections on Interdependence
Summary
Questions
References
Techonomics at the Turn of the Twenty-First Century
The First Three Laws of Twenty-First-Century Techonomics
Introduction
Moore’s Law: Ubiquitous Computing
Metcalfe’s Law: Ubiquitous Global Network
Coase-Downes-Mui Law: Diminishing Organization Size
The Franchise Effect: Growth through Replication
Summary
Questions
References
Emerging Twenty-First-Century Techonomic Business Models
Introduction
Positive Cash-Flow Manufacturing: Dell
Positive Cash-Flow Retail Distribution: Wal-Mart
Debtless Facility Expansion: Walgreens
Predictable Antiquation: Intel
Business at the Speed of Light: Microsoft
Virtual Retail: Amazon
Virtual Reselling: eBay
Virtual Media: Apple
Emerging Techonomic Conclusions
Summary
Questions
References Emerging Techonomic Trends
Introduction
Energy: Journey to Renewable Energy Resources
Computation: All Things Digital
Communications: Expanding Control and Influence
Community: Increasing Efficiency from Specialization Yields
Summary
Questions
References
Post-Industrial Challenges and Techonomic Answers Techonomic Market Crises and Recommendations
Techonomics Natural Selection Mechanism: Competition
Energy: Economic Reason or Ruin
Healthcare: Inverted Techonomics and Its Implications
Education: Techonomics of Monopoly
Government: Techonomic Effect in Macroeconomics
Summary
Questions
References
The Techonomic Future
Expanding the Boundaries
Vanishing into the Virtual
From Adam Smith to Techonomics
The Techonomic Worldview
Summary
Questions
References
Afterword
Appendix 1: Terminology Related to Techonomics
Appendix 2: Example of Process for Developing a Techonomic Metric Index

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