Economic & Innovation World Review Report July-August 2013

Consumer Technology World Brief

There are hundreds of millions of regular televisions packing HDMI ports, and Google’s new Chromecast device offers a way to put some brains into TVs by giving them access to web-based content. Having a Chromecast dongle connected to your TV means you can stream videos straight from a Google Play, Netflix or YouTube app, or mirror the content in any open tab in Google’s Chrome browser using a tab casting feature. Chromecast is backed by Google, whose relationships with content providers and developers mean that the Google Cast technology powering it will soon be popping up in even more apps. Not to mention, there’s the price. At USD 35, it’s almost a third of the cost of Plair and also Roku 3 and Apple TV, the current most popular devices that bring internet video to your TV. Sure, it’s not as fully featured as some of its competitors, but it does provide a lot for just USD 35, and it’s a platform that’s likely to improve dramatically as more apps start to support the technology.

Continue reading Economic & Innovation World Review Report July-August 2013

How Creative and Critical Thinking Drive Innovation

Sometimes we assume that fancy Ivy League MBA’s and technology degrees are the prerequisite of building an innovative mind. Yet, people looking to shun college often point out that many of the business and technology world’s most innovative minds never attended college, or dropped out within the first few years. Bill Gates, Steve Jobs, Mark Zuckerberg, and Ted Turner are just a few of the world’s most famous people who have never graduated college.

Continue reading How Creative and Critical Thinking Drive Innovation

Overview of Sustainable Buildings Ecosystem

In this article we look at the concept of sustainable buildings, the key components in the domain of sustainable building, the key drivers in this ecosystem and the potential areas of innovations in this area. The concept of sustainable buildings refers to the use of environmentally responsible processes and sustainable materials throughout the entire life cycle of the building covering key stages like siting, design, construction, operation, maintenance, renovation and demolition. The goal is to reduce the overall impact of the building on the environment and in turn human ecosystem – in line with the global alignment towards environment friendly and sustainable processes, practices and products.

Continue reading Overview of Sustainable Buildings Ecosystem

Economic & Innovation World Review Report – June-July 2013

Consumer Technology World Brief

The arrival of Intel Haswell process microarchitecture brings a whole new wave of electronic devices into the market. It is an upgrade from the previous Ivy Bridge version which promises better performance and longer battery life. With the recent market focus on ultrabooks and tablet computing the Haswell chips could not have come at a better time. The introduction of the Haswell chip definitely is changing the landscape for mobile computing making tablets a more practical and mainstream device than they previously were. For desktop users however the move from Ivy Bridge to Haswell is less clear. A performance gain of up to ten percent is expected, but in most cases, it might be lower. Power usage is lower, of course, but that’s really not enough to drive the cost of a motherboard and processor swap. The gain for mobile users look to be more substantial than desktop users, which is certainly key to Intel’s future, since laptop and ultraportable PC sales is the one bright spot in the PC growth arena.

Continue reading Economic & Innovation World Review Report – June-July 2013

Innovation and Food Security – Part II

In this article, a continuation of last month’s Innovation and Food Security article, we discuss a few more key factors contributing to the Food Security issues in the world and preview a few potential innovative solutions for these critical factors and explore international groups and organizations collaborating to address the issue of Food Security.

Continue reading Innovation and Food Security – Part II

Singapore Using National Wealth to Invest In Europe and North America

While much of the Western world, Japan, and even China are wallowing under crushing debt burdens, the tiny City-State of Singapore is sitting on various national sovereign wealth funds and investments that could total some 1 trillion dollars or more in assets. Now one of Singapore’s sovereign wealth funds, Temasek Holdings, is looking to add European and North American assets to their 160 billion sovereign wealth fund.

Continue reading Singapore Using National Wealth to Invest In Europe and North America

Innovation and Food Security

There are two key aspects to Food Security in the world – (i) the current high number of chronically undernourished people in the world, estimated at around 870 million people (ii) the world population growth trends resulting in a high rate of increase in global demand for food, expected to increase by 60 percent by 2050. The most affected regions are the developing and under-developed countries but due to the scale and scope of the food value chain its repercussions will be seen globally. Thus innovation in the food ecosystem is crucial to bridge the current and future gaps in the food value chain.

Continue reading Innovation and Food Security

Disruptive Technology

Disruptive technology is an innovation process that helps involves creating a new market and value network that eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology. It can be referred to as a new business model with people aiming to create products that possess the characteristic of disruptive technologies as this is the fastest way to create an impact in today’s fast paced consumer markets. However disruptive technology often leads to an existing market segment dying off but there has also been cases where the pioneers of the disruptive technology face the issue that the market wasn’t ready yet to accept the disruptive technology leading to the failure of adoption of the new technology.

Continue reading Disruptive Technology

Economic & Innovation World Review Report May – June

Consumer Technology World Brief

3D printers are all the rage now with much discussions happening over the ramifications of being able to print virtually any device and in particular the ability to print homemade weapons such as guns. NASA however has taken a different approach toward the interest in 3D printing with an idea that it can be used to print food. They have announced a grant to develop the world’s first 3D food printer. Most economists believe the current system to produce food is unsustainable and in the near future it is inevitable that food prices will cost more. The idea is to change what we conventionally see as food. The food printer is suggested to be able to utilize proteins, carbohydrates and sugars to create edible food products. One proposed alternative is that it will be able to provide a customized nutrition level on an individual scale based on their personal requirements. One possible application of this concept for NASA is food for long space travel, where food has to stay edible for periods as long as 15-30 years.

Continue reading Economic & Innovation World Review Report May – June

Economic & Innovation World Review Report April – May 2013

Consumer Technology Regional Brief

Instead of relying on a bog-standard bulb to beam light out over a darkened road, car headlights in the future would use something more akin to a projector. A camera sits nestled beneath that projector, keeping an eye on drops of rain as they enter the headlights’ beams. Information from that camera is sent to a processing unit, which identifies raindrops and makes a guess as to where each droplet is headed. The projector then blots out the bits of its projection where the rain drops are. The result is a light that shines out from the front of a car in the dark, but doesn’t highlight any rain. This would increase the visibility of driving at night as the view of the driver would not be inhibited by the lights being reflected off the raindrops. This is being jointly developed by Intel and Carnegie Mellon University.

Continue reading Economic & Innovation World Review Report April – May 2013