Posts Tagged ‘Joseph Schumpeter’

  • A Traditional Telephone Book

    What Can You Learn From the Phone Book?

    Aug 5, 12 • 481 Views • No Comments

    Among all of the innovations that changed our lives, have you ever thought about the phone book? The first phone book dates back to 1878. Compiled by the the District Telephone Company of New Haven, soon to become SNET, the Southern New England Telephone......  [read more]

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    When is Research Inaccurate?

    Jun 13, 12 • 596 Views • No Comments

    Frequently, it is tough to challenge respected researchers. Our story starts with a June 28, 2010 econlife post: In 1910, as a 22 year old Russian immigrant, Dr. Selman A. Waksman arrived in Philadelphia. Through the education he accessed, the mentors who......  [read more]

  • Figurine on stack of pebbles

    Learning From the Low End

    May 16, 12 • 464 Views • No Comments

    Sometimes it’s better to be at the bottom than the top. Explaining, Harvard’s Clay Christensen starts his story with the huge integrated steel firms and ends with the mini mill. Relatively cheaply, the mini mills melted scrap in electric furnaces......  [read more]

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    Encouraging Innovation

    Jan 29, 12 • 715 Views • No Comments

    “Steve had this firm belief that the right kind of building can do great things for a culture.” The Steve is Steve Jobs and the building is Pixar’s headquarters. (The quote came from Walter Isaacson’s Steve Jobs) The usual Hollywood......  [read more]

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    A Kodak (Missed) Moment

    Jan 7, 12 • 629 Views • No Comments

    Thinking of Kodak, we can remember razor blades and Apples. Soon after it began in 1880, Kodak told us, “You press the button and we do the rest.” Making home photography simple, they just had to sell us a camera; then, as with the razor and......  [read more]