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Posted by m beduya on October 26, 2009 · 1 Comment
BYD goes from rechargeable batteries to electric cars BYD Auto is the prime example of successful innovation and entrepreneurship from the application of ‘adjacency’ strategy. BYD expects to become the largest car company in the world within five years – and with electric cars, at that. It will end up to be the most innovative, [...]
Filed under Brand and Product Development, Changes in Environment and Need for Sustainability, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Innovation and Entrepreneurship, National Innovation Systems, Supply Chain Logistics and Transport · Tagged with adaptive research, adjacency, change management, Convergence, entrepreneur, innovative entrepreneurship, intensive learning, product innovation, total factor productivity
Posted by m beduya on October 23, 2009 · Leave a Comment
My hat’s off to the Makati Parking Authortity (MAPA) for investing in such innovative IT-enabled instruments. The photo at left shows the M-Pad used by a traffic warden at Legazpi Village to collect parking fees and print receipts. It has a large potential for cost savings in delivering parking service as remittance and accounting are [...]
Posted by m beduya on October 21, 2009 · Leave a Comment
I may have found a version of e-book reader I am ready to buy, Barnes & Noble’s Nook. Click the links at the bottom for a post and a video of its nice features. I have only two concerns that are typical with leading edge products.
Filed under Books and Journals, Brand and Product Development, Convergence of Technologies - Technology x Business Model, Information and Communication, Innovation and Entrepreneurship, Learning and Teaching, Mashups - Technology-enabled, Miscellaneous · Tagged with non-rival partially excludable, product innovation, Romer space, two-sided market
Posted by m beduya on October 13, 2009 · 4 Comments
Ayala Corporation has obtained Bangko Sentral ng Pilipinas approval to convert Filipinas Bank into an innovative IT-oriented microfinance bank. The Philippine Star reported this in today’s (10.13.09) issue, BPI forms microfinance, IT-oriented bank. Global Innovation Leadership for Ayala. I predicted this to happen in my August 31 post, World Class Innovation: Microfinance as an Ayala [...]
Filed under Brand and Product Development, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Financing of Innovation, Information and Communication, Innovation and Entrepreneurship, Innovator Peso, Mashups - Technology-enabled, National Innovation Systems, Social Innovation · Tagged with Blue Ocean, Convergence, emerging markets, financing innovation, lock-in, Philippines, product development, product innovation, total factor productivity, two-sided market
Posted by m beduya on October 5, 2009 · Leave a Comment
Over the years, the concept of Product has evolved and widened from the traditional, push USP as innovators try to find unserved markets or create new ones. In classic iteration and interaction, these concept changes have driven invention. In turn, they have also been driven by invention or enabled by it.
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Social Innovation · Tagged with endogenous technological change, increasing returns, non-rival partially excludable, Paul Romer, positioning, product development, Romer space, unique selling proposition
Posted by m beduya on September 28, 2009 · Leave a Comment
As an innovation practitioner in a latecomer country, I am very interested in applications and diffusion of Paul Romer’s basic research findings. I think his 1990 paper works well as a model for knowledge-embedded as well as for viral products, both of which create high value addition from Total Factor Productivity(TFP).
Filed under Books and Journals, Brand and Product Development, Convergence of Technologies - Technology x Business Model, Mashups - Technology-enabled, National Innovation Systems · Tagged with diffusion, endogenous technological change, increasing returns, innovation, non-rival partially excludable, Paul Romer, Romer space, total factor productivity, viral product
Posted by m beduya on September 11, 2009 · 1 Comment
Steve Jobs introduced a new feature into the iPod nano on Wednesday, a video cam with 8 gig of memory and all for US$149. He said the feature was added to take advantage of YouTube’s strong growth in video-based social media. Jobs is a master innovator in Romer space – designing product architectures that are [...]
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Innovation and Entrepreneurship · Tagged with Apple, non-rival partially excludable, Paul Romer, Steve Jobs, value locking, value recovery
Posted by m beduya on September 10, 2009 · 9 Comments
Innovation pertains to new things by definition. As such, typical methods of research like statistical hypothesis testing using random samples, which data are available now and thus come from history, cannot be used without qualification. Kathleen Eisenhardt’s Building Theories from Case Study Research, 1989, Academy of Management Review, an inductive and iterative approach using cases [...]
Posted by m beduya on September 2, 2009 · 1 Comment
I think the simplest and fastest entry for Ayala into microfinance is as a wholesale banker to lending investors and rural banks. The credit products may be in tranches of P1m, P4M, etc. and mirror the microfinance model in most respects.
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model · Tagged with Blue Ocean, Convergence, locking-in value, microfinance, Paul Romer, Philippines, product development
Posted by m beduya on August 31, 2009 · 2 Comments
I think the Ayala Group sees great opportunity in the microfinance market. They can put together a strong strategy – I will attempt here to cobble up one from a grab bag of MBA buzzwords, hahah!- and have a source of strong growth in financial services in the coming years. That is if Ayala can [...]
Filed under Adjacencies in Value Chains - Business Model x Technology, Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Mashups - Technology-enabled · Tagged with adjacency, Blue Ocean, bottom of the pyramid, core competence, increasing returns, non-rival partially excludable, Paul Romer, Philippines, value innovation, value locking
Posted by m beduya on August 30, 2009 · 4 Comments
For this 100th post, I am pleased to report another innovation area that I discovered the Philippines to be a global leader: mobile phone banking in microfinance. The four other areas of leadership I have reported elsewhere in SYNTHESiST are: renewable geothermal energy, PNG carrageenan from seaweeds, and SALT (Sloping Agricultural Land Technology). Innovation is [...]
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, National Innovation Systems, Social Innovation · Tagged with ASEAN, ASIALICS, business process outsourcing, emerging markets, endogenous technological change, industrial policy, microfinance, mobile phone banking, non-rival partially excludable, Patarapong Intarakumnerd, Paul Romer, Philippines
Posted by m beduya on August 22, 2009 · Leave a Comment
Last week, I taught in a short course on “Growth Strategies for Entrepreneurial Firms” at the Asian Institute of Management (AIM). I designed my part to teach new combo techniques in finding innovation opportunities in today’s crisis.
Filed under Books and Journals, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model · Tagged with AIM, Asian Institute of Management, Blue Ocean, competing for the future, core competence, increasing returns, network effects, next generation demand, non-rival partially excludable, Paul Romer, Philippines, Porter's Model, S-curve, value chain innovation, value innovation
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