Title :
The process of wealth creation: the origins of social evolution
Author :
Chaharbaghi, Kazem ; Willis, Robert
Abstract :
The principle of stable instability explains how society progresses in improving the quality of life and standards of living through the creation of new wealth. Wealth creators are agents of change who manage the process of stable instability through delivering new market values which significantly alter the expectation patterns of society. The principle of stable instability is used to explain why society changes to embrace and enjoy new market values provided by wealth creators, while exploring the forces of resistance to change inherent in society. The resulting synthesis clarifies the process of wealth creation which in turn demonstrates the origins of social evolution.
Keywords :
engineering; R&D; development process management; market values; quality of life; resistance to change; social evolution origins; stable instability principle; standards of living; wealth creation process;
Journal_Title :
Engineering Management Journal
DOI :
10.1049/em:19980512