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
Link To Document