• DocumentCode
    3111407
  • Title

    Innovation

  • Author

    Nam Pyo Suh

  • Author_Institution
    Korea Advanced Institute of Science and Technology, Korea
  • fYear
    2009
  • fDate
    5-8 July 2009
  • Abstract
    Historically, “innovation” has shaped the history of mankind. Beginning with the Watt steam engine that changed the world by initiating the Industrial Revolution in the late 18th century, a series of innovations has promoted economic growth and improved the quality of life. In the 21st century, the rate of innovation is likely to accelerate in many diverse fields. At KAIST, we believe that the most important innovations are those related to EEWS (energy, environment, water, and sustainability). We also believe that for innovation to occur, we must be mindful of the three laws of innovation that are based on three important concepts related to “innovation continuum”, “nucleation of innovation”, and “the relative rate between innovation and diffusion of innovative ideas and people”.
  • Keywords
    Acceleration; Environmental economics; History; Industrial economics; Power generation economics; Steam engines; Technological innovation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Electronics, 2009. ISIE 2009. IEEE International Symposium on
  • Conference_Location
    Seoul, South Korea
  • Print_ISBN
    978-1-4244-4347-5
  • Electronic_ISBN
    978-1-4244-4349-9
  • Type

    conf

  • DOI
    10.1109/ISIE.2009.5214300
  • Filename
    5214300