Innovation economics
Innovation economics is a growing economic theory that emphasizes entrepreneurship and innovation. Innovation economics is based on two fundamental tenets: that the central goal of economic policy sh...
Cash-Strapped Saudi Arabia Switches To Gregorian Calendar To Pay Civil Servants Less
Saudi Arabian civil servants will lose 11 days of pay after the country switched to the Gregorian calendar, the predominant format for organizing time in the West. The switch is part of austerity meas...
Tapped For Success: Boozy Pipe Dream Becomes Reality For Belgian Beer Lovers
The beer will travel through the pipeline at a speed of about 3 meters (about 9.8 feet) per second, according to Vanneste. The pipeline is expected to deliver about 5,000 to 6,000 liters (about 1,320 ...
This Door Knob Shows What's On The Other Side
"A Room in a Glass Globe" doorknob design by Hideyuki Nakayama shows what's in the room on the other side.
China Will Test A 'Straddle Bus' That Drives Over Cars
If you've ever imagined yourself driving a monster truck over rush hour traffic, there might be a real job for you some day as a straddle bus driver.
Incredible Way Of Future Transportation-Straddling Bus(3D bus)
Imagine one day you driving on road, then one huge "moving tunnel" flying overhead, carring with hundreds of people, you may think it is dream, but it is tru...
The World's First Artificially Intelligent Lawyer Gets Hired
Ask ROSS to look up an obscure court ruling from 13 years ago, and ROSS will not only search for the case in an instant — without contest or complaint — but it'll offer opinions in plain language abou...
There’s a Bus With Wi-Fi That Will Take You From L.A. To SF While You Sleep For $48
Thanks to a new startup, sleepy drivers can be snoozing while a designated driver gets them safely to their destination overnight. The … Continue reading →
Loving Vincent - Film Trailer
The ambitious animation aims to tell the story of Vincent Van Gogh’s influential but troubled life, using 12 hand-made oil paintings per second that were created in the style of the legendary painter....
An Hour Every Day Workout Can Power Your Home For Twenty-Four Hours
What if you could power your house for an entire day just by exercising for an hour, would that motivate you to do it? I just love this idea, it could even become something that can be done as a famil...
Mitsubishi Electric's "Aerial Display" Projects Images Into Mid-Air
As soon as the year 2020, you may be seeing advertising or other imagery floating before you. That's when Mitsubishi Electric hopes to have its "aerial display" technology perfected and commercially a...
Microsoft Just Put A Data Center Under Water
Water and electronics usually don't mix. But Microsoft thinks dumping computers in the ocean might be the wave of future. Microsoft just finished a three-month experiment operating an underwater data ...
These Tiny Steampunk Sculptures Made Of Old Watches Are Spectacular
Sue Beatrice, a New Jersey-based artist and owner of All Natural Arts, has an uncanny talent. She can create spectacularly intricate steampunk sculptures of old watches. Her creates are made completel...
Designing A Pop-Up Future
Various shapes made from Miura-ori pattern (Image courtesy of Mahadevan Lab) What if you could make any object out of a flat sheet of paper? Mahadevan and his team have characterized a fundamental ori...
20 Gadgets Which Make Life Simpler
Every day, we come up against annoying things that no one has ever found a way to resolve which works all the time. But in some cases, thanks to human ingenuity we are moving towards this. Here are 20...
A Firefighter Drone That Flies And Crawls Up Walls
A research team at the Korea Advanced Institute of Science and Technology led by Professor Hyun Myung of the Civil and Environmental Engineering Department developed an unmanned aerial vehicle, named ...
Technology strategy
Technology strategy (Information Technology strategy or IT strategy) is the overall plan which consist of objective(s), principles and tactics relating to use of the technologies within a particular o...
Research Assessment Exercise
The Research Assessment Exercise (RAE) was an exercise undertaken approximately every 5 years on behalf of the four UK higher education funding councils (HEFCE, SHEFC, HEFCW, DELNI) to evaluate the qu...
Wirth's law
Wirth's law is a computing adage which states that software is getting slower more rapidly than hardware becomes faster.The law is named after Niklaus Wirth, who discussed it in 1995. Wirth attribute...
Intel Tick-Tock
"Tick-Tock" is a model adopted by chip manufacturer Intel Corporation from 2007 to follow every microarchitectural change with a die shrink of the process technology. Every "tick" represents a shrinki...
Evolutionary economics
Evolutionary economics is part of mainstream economics as well as a heterodox school of economic thought that is inspired by evolutionary biology. Much like mainstream economics, it stresses complex ...
Leapfrogging
The concept of leapfrogging was originally used in the context of economic growth theories and industrial-organization innovation studies with specific focus on competition among firms. It is based on...
Lead Market
Lead Market is a term used in innovation theory and denotes a country or region, which pioneers the successful adoption of an innovative design. It sends signalling effects to other "lag" markets, whi...
Logistic function
A logistic function or logistic curve is a common "S" shape (sigmoid curve), with equation:where e = the natural logarithm base (also known as Euler's number),x0 = the x-value of the sigmoid's midpoin...
Luc Soete
Luc Soete (Brussels, 1950) is a Belgian economist, Rector Magnificus and professor of International Economic Relations at the School of Business and Economics, Maastricht University, and former direct...
Skunkworks project
A skunkworks project is a project developed by a small and loosely structured group of people who research and develop a project primarily for the sake of radical innovation. The terms originated with...
Skunkworks project - Wikipedia
Funding of science
Research funding is a term generally covering any funding for scientific research, in the areas of both "hard" science and technology and social science. The term often connotes funding obtained thro...
Funding of science - Wikipedia
Technology Strategy Board
Innovate UK is the operating name of the Technology Strategy Board, the UK's innovation agency. It is a UK non-departmental public body operating at arm's length from the Government reporting to the ...