Capitalism produced entrepreneurs and property rights, thetwo basic pillars of innovation and growth.As the speed oftechnologyis steadily increasing only radical innovation can be the name of the game. This book discusses technology and innovation trends by looking into historical examples and telling the latest business stories. It opens the discourse about pirates, pioneers, innovators and imitators; proposes the framework of dominant, science-driven and high-tech industry for innovation management andgives insights into intellectual property rights, industrial designs and technical risk management. Finally, it offers 8 important innovation principles for technology driven enterprises that have turned out to have a big effect on the outcome – and in the end on growth.
Table of ContentsTechnology Changes our Life.- Paradigms and Hidden Research Strategies.- Technology, Driver of Growth.- Technology Speed and Substitution.- Diffusion of New Technologies.- The Myth of the Pioneer.- Pirates, Pioneers, Innovators and Imitators.- Dominant Design Industry.- Science-Driven Industry.- High-Tech Industries.- Basic Innovation Principles.- Radical Versus Routine Innovation.- Trend Towards Routine Innovation.- Design of Industrial Goods.- Protection of Innovation.- Core Capabilities.- Technical Risk Management.- Human Aspects of Technical Risk Management.- Non-Proliferation of Adverse Technologies.