Einstein Finds Reality in Probabilities 234.0
Albert Einstein moved physical science from the cause-and-effect and deterministic mode of Isaac Newton into the probabilistic with his four breakthrough 1905 papers, the first one on photoelectric properties of which he was awarded the 1921 Nobel Prize in Physics. In so doing he extended scientific knowledge from earth-centric, as is the state of the [...]
Wharton Top Thirty Innovations Serve Six Basic Human Needs 220.0
At its barest essence, innovation means bringing something new to market successfully. On February 18, 2009, Knowledge at Wharton, of the U Penn (Image at left has link.), in cooperation with Nightly Business Report of the PBS published the findings of a survey that identified the top innovations in A World Transformed: What are the [...]
Kuhn and Galison Defines Virtuous Cycle from New Knowledge and New Tools 10.0
The innovator takes an invention and commercializes it. Joseph Schumpeter (1950) equated innovators with entrepreneurs. He said, “the function of entrepreneurs is to reform or revolutionize the pattern of production. [He] is primarily responsible for the recurrent “prosperities” that revolutionize the economic organism . . .”
