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International Innovation Index
The International Innovation Index is a global index measuring the level of innovation of a country, produced jointly by The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing Institute (MI), the NAM's nonpartisan research affiliate. NAM describes it as the "largest and most comprehensive global index of its kind". The International Innovation Index is part of a large research study that looked at both the business outcomes of innovation and government's ability to encourage and support innovation through public policy. The study comprised a survey of more than 1,000 senior executives from NAM member companies across all industries; in-depth interviews with 30 of the executives; and a comparison of the "innovation friendliness" of 110 countries and all 50 U.S. states. The findings are published in the report, "The Innovation Imperative in Manufacturing: How the United States Can Restore Its Edge." The report discusses not only co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Innovation Index
The Global Innovation Index is an annual ranking of countries by their capacity for, and success in, innovation, published by the World Intellectual Property Organization. It was started in 2007 by INSEAD and ''World Business'', a British magazine. Until 2021 it was published by the World Intellectual Property Organization, in partnership with Cornell University, INSEAD, and other organisations and institutions,. It is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum. History The index was started in 2007 by INSEAD and ''World Business'', a British magazine. It was created by Soumitra Dutta. Methodology The index is computed by taking a simple average of the scores in two sub-indices, the Innovation Input Index and Innovation Output Index, which are composed of five and two pillars respectively. Each of these pillars describe an attribute of innovation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theories Of Technology
Theories of technological change and innovation attempt to explain the factors that shape technological innovation as well as the impact of technology on society and culture. Some of the most contemporary theories of technological change reject two of the previous views: the linear model of technological innovation and other, the technological determinism. To challenge the linear model, some of today's theories of technological change and innovation point to the history of technology, where they find evidence that technological innovation often gives rise to new scientific fields, and emphasizes the important role that social networks and cultural values play in creating and shaping technological artifacts. To challenge the so-called "technological determinism", today's theories of technological change emphasize the scope of the need of technical choice, which they find to be greater than most laypeople can realize; as scientists in philosophy of science, and further science and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timeline Of Historic Inventions
The timeline of historic inventions is a chronological list of particularly important or significant technological inventions and their inventors, where known. Paleolithic The dates listed in this section refer to the earliest evidence of an invention found and dated by archaeologists (or in a few cases, suggested by indirect evidence). Dates are often approximate and change as more research is done, reported and seen. Older examples of any given technology are often found. The locations listed are for the site where the earliest solid evidence has been found, but especially for the earlier inventions, there is little certainty how close that may be to where the invention took place. Lower Paleolithic The Lower Paleolithic period lasted over 3 million years, and corresponds to the human species prior to the emergence of ''Homo sapiens''. The original divergence between humans and chimpanzees occurred 13 ( Mya), however interbreeding continued until as recently as 4 Ma, with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Innovation
Open innovation is a term used to promote an information age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have been noted and discussed as far back as the 1960s, especially as it pertains to interfirm cooperation in R&D. Use of the term 'open innovation' in reference to the increasing embrace of external cooperation in a complex world has been promoted in particular by Henry Chesbrough, adjunct professor and faculty director of the Center for Open Innovation of the Haas School of Business at the University of California, and Maire Tecnimont Chair of Open Innovation at Luiss. The term was originally referred to as "a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology". More recently, it is defined as "a distributed innova ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knowledge Economy
The knowledge economy (or the knowledge-based economy) is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. The key element of value is the greater dependence on human capital and intellectual property for the source of the innovative ideas, information and practices. Organisations are required to capitalise this "knowledge" into their production to stimulate and deepen the business development process. There is less reliance on physical input and natural resources. A knowledge-based economy relies on the crucial role of intangible assets within the organisations' settings in facilitating modern economic growth. A knowledge economy features a highly skilled workforce within the microeconomic and macroeconomic environment; institutions and industries create jobs that demand specialized skills in order to meet the global market ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innovation Economics
Innovation economics is new and growing field of economic theory and applied and experimental economics that emphasizes innovation and entrepreneurship. It comprises both the application of any type of innovations, especially technological, but not only, into economic use, in classical economics this is the application of customer new technology into economic use; but also it could refer to the field of innovation and experimental economics that refers the new economic science developments that may be considered innovative. In his 1942 book ''Capitalism, Socialism and Democracy'', economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs and technological changes were at the heart of economic growth. However, it is only in recent years that "innovation economy," grounded in Schumpeter's ideas, has become a mainstream concept". Historical origins Joseph Schumpeter was one of the first and most important schol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Revolution
The term information revolution describes current economic, social and technological trends beyond the Industrial Revolution. Many competing terms have been proposed that focus on different aspects of this societal development. The British polymath crystallographer J. D. Bernal introduced the term "''scientific and technical revolution''" in his 1939 book ''The Social Function of Science'' to describe the new role that science and technology are coming to play within society. He asserted that science is becoming a "productive force", using the Marxist Theory of Productive Forces. After some controversy, the term was taken up by authors and institutions of the then- Soviet Bloc. Their aim was to show that socialism was a safe home for the scientific and technical ("technological" for some authors) revolution, referred to by the acronym STR. The book ''Civilization at the Crossroads'', edited by the Czech philosopher Radovan Richta (1969), became a standard reference for this top ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Induced Innovation
Induced innovation is a microeconomic hypothesis first proposed in 1932 by John Hicks in his work ''The Theory of Wages''. He proposed that "a change in the relative prices of the factors of production is itself a spur to invention, and to invention of a particular kind—directed to economizing the use of a factor which has become relatively expensive." Considerable literature has been produced on this hypothesis, which is often presented in terms of the effects of wage increases as an encouragement to labor-saving innovation. The hypothesis has also been applied to viewing increases in energy costs as a motivation for a more rapid improvement in energy efficiency of goods than would normally occur. Induced innovation in climate change A significant application of Hicks's theory can be found in the field of climate change. The exponential population growth occurred in the last century has drastically increased pressure on natural resources. In order to have a sustainable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Individual Capital
Individual capital, the economic view of talent, comprises inalienable or personal traits of persons, tied to their bodies and available only through their own free will, such as skill, creativity, enterprise, courage, capacity for moral example, non-communicable wisdom, invention or empathy, non-transferable personal trust and leadership. As recognized in theories of economics Individual talent and initiative was recognized as an intangible quality of persons in economics back to at least Adam Smith. He distinguished it (as "enterprise") from labour which can be coerced and is usually seen as strictly imitative (learned or transmitted, via such means as apprenticeship). Marxist economics refers instead to "an individual's social capital—individuals are sources neither of creativity and innovation, nor management skill. A problem with that analysis is that it simply cannot explain the substitution problem and lack of demand that occurs when, for instance, an understudy t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hype Cycle
The Gartner hype cycle is a graphical presentation developed, used and branded by the American research, advisory and information technology firm Gartner to represent the maturity, adoption, and social application of specific technologies. The hype cycle claims to provide a graphical and conceptual presentation of the maturity of emerging technologies through five phases. The model is not perfect and research so far shows possible improvements for the model. Five phases Each hype cycle drills down into the five key phases of a technology's life cycle. The term "hype cycle" and each of the associated phases are now used more broadly in the marketing of new technologies. Hype in new media Hype (in the more general media sense of the term "hype") plays a large part in the adoption of new media. Analyses of the Internet in the 1990s featured large amounts of hype, and that created "debunking" responses. A longer-term historical perspective on such cycles can be found in the resea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Emerging Technologies
This is a list of emerging technologies, in-development technical innovations with significant potential in their applications. The criteria for this list is that the technology must: # Exist in some way; purely hypothetical technologies cannot be considered emerging and should be covered in the list of hypothetical technologies instead. However, technologies being actively researched and prototyped are acceptable. # Have a Wikipedia article or adjacent citation covering them. # Not be widely used yet. Mainstream or extensively commercialized technologies can no longer be considered emerging. Agriculture Construction Electronics, IT, and communications Entertainment Optoelectronics Energy Materials and textiles Medicine Neuroscience Military Space Transport See also General: * Anthropogenics *Differential technological development *Diffusion of innovations *Disruptive innovation *Ecological modernization *Environmental technology *F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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